The International Oil Pollution Compensation Funds
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Conversion of Special Drawing Rights (SDR)

Rates on 4 August 2008, (as defined by the International Monetary Fund)

Pounds:

£1 = 1.21537 SDR

or

1 SDR = £0.822795

Dollars:

US$1 = 0.617533 SDR

or

1 SDR = US$1.61935


Compensation Limits

1992 Regime for incidents occurring from 1 November 2003 and Supplementary Fund regime for incidents occurring from 3 March 2005

SDR £ Sterling US$

Shipowner

Ship up to 5 000 gross tons

4.5 million

3.7 million

7.3 million

Ship over 5 000 and up to 
140 000 gross tons

4.5 million plus 631
for each extra ton

3.7 million plus 519
for each extra ton

7.3 million plus 1022
for each extra ton

Ship over 140 000 gross tons

89.8 million

73.9 million

145.4 million

1992 Fund

 

 

Maximum (including shipowner's share)

203 million

167 million

328.7 million

Supplementary Fund

Maximum (including amount paid by 1992 Fund)

750 million

617.1 million

1214.5 million



1992 Regime for incidents occurring before 1 November 2003

SDR £ Sterling US$

Shipowner

Ship up to 5 000 gross tons

3 million

2.5 million

4.9 million

Ship over 5 000 and up to 
140 000 gross tons

3 million plus 420
for each extra ton

2.5 million plus 346
for each extra ton

4.9 million plus 680
for each extra ton

Ship over 140 000 gross tons

59.7 million

49.1 million

96.7 million

1992 Fund

 

 

 

Maximum (including shipowner's share)

135 million

111.1 million

218.6 million



1969/1971 Regime

  SDR £ Sterling US$

Shipowner

 

 

 

Per ton of the ship's tonnage

133

109

215

Maximum

14 million

11.5 million

22.7 million

1971 Fund

 

 

 

Maximum (including shipowner's share)

60 million

49.4 million

97.2 million