P&I clubs warn of risks to shipowners posed by Venezuela narco law

The International Group of P&I Clubs says it is concerned by the "indiscriminate and disproportionate application of criminal law in Venezuela in cases where vessels have been targeted by drug smugglers for the carriage of illegal narcotics."
New legislation to regulate the investigation and potential prosecution of shipowners and crews in such circumstances recently entered into force on October 21, 2010. The "Organic Drugs Law" ("ODL"), repealed earlier laws and appears to increase the evidential burden and potential penalties imposed on shipowners and their crews.
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Source: Marine Log