Limitation of Liability for Maritime Claims
The Swedish law on limitation of liability for maritime claims is contained in the Swedish Maritime Code (TSMC). The main provisions on limitation of liability are contained in Chapter 9 on Limitation of Liability and in Chapter 12 on Limitation Funds and Limitation Proceedings. Further provisions are found in Chapter 13 on Carriage of General Cargo (sections 30 to 33), in Chapter 14 on Chartering of Vessels (sections 27 and 63) and in Chapter 15 on Carriage of Passengers and Luggage (sections 21 to 26). The Swedish Maritime Code is prepared in close co-operation with all other Nordic countries. The Maritime Codes in the Nordic countries are thus virtually identical.