CHEMCO Exit Exam • Set 9 Question 1 of 30

What is IOPC fund?

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Direct Answer

Option A: International Oil Pollution Compensation Funds

The IOPC Funds refer to the International Oil Pollution Compensation Funds. These provide compensation for oil pollution damage when the shipowner's liability is insufficient or nonexistent, supplementing the provisions of the CLC Convention, as established under international maritime law.

All Options

International Oil Pollution Compensation Funds (Correct Answer)

International Oil tanker Pollution Compensation Funds

International Oil and hazardous chemical Compensation Funds

International Oil Pollution Compensatory Funds

Detailed Explanation & Context

Relevant Framework: STCW 2010 Manila Amendments • DG Shipping E-Learning & Exit Exam Standards • Advanced Training for Chemical Tanker Cargo Operations (CHEMCO).

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Q1 What types of mooring lines are used for larger tankers? Q2 Normally Brakes must be ___________tightened to achieve the required holding capacity of the line's Minimum Breaking Load. Q3 ‘It is preferred to have all mooring lines of the same material and construction’ This is strictly followed due to Q4 How to prevent failure of the mooring and other components in the mooring system during large swell conditions? Q5 Mooring winch brakes should be tested at regular intervals, not exceeding _____. Choose the correct period from below? Q6 What is the possible alternate for winch-stowed steel wire ropes for the mooring of large tankers at terminals? Q7 Why mooring wires used by large tankers are normally stored on self- stowing mooring winches? Q8 What is IOPC fund? Q9 In March 1989, Exxon Valdez ran aground in Alaska (U.S.) spilling approximately 40,000 tons of crude oil into the sea, causing serious environmental damage. What was the outcome legislation that followed the disaster? Q10 What does LLMC Convention stand for?