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Title: U. S. oil spill law to cause growing tanker problem

Abstract

This paper reports on tanker owners which face a growing dilemma on the issue of oil spill liability. The U.S. Oil Pollution Act, passed last year in the wake of the March 1989 Exxon Valdez oil spill, was intended to reduce risk of and damage from such accidents. However, in addition to phasing in double hulls on most tankers operating in U.S. waters, the law substantially increases shipowner's liability for spills. And the federal law does not preempt state liability laws, which in most cases amount to unlimited liability for spill cleanup. Rather than face potentially unlimited liability in the event of a spill, tanker owners worldwide are exercising a number of options to shield themselves. Some of those options could increase the potential for oil spills, industry officials warn. The act also threatens to shatter the international alliance among shippers. A report by Drewry Shipping Consultants Ltd., London, says the law could have a devastating effect on operating practices. Tanker owners and operators have voiced the most opposition to the new spill law and the shackles it places on them. Now the industry that insures tankers has spoken up about is increased liability, and it too may launch amore » boycott.« less

Authors:
Publication Date:
OSTI Identifier:
5792750
Resource Type:
Journal Article
Journal Name:
Oil and Gas Journal; (United States)
Additional Journal Information:
Journal Volume: 89:39; Journal ID: ISSN 0030-1388
Country of Publication:
United States
Language:
English
Subject:
02 PETROLEUM; ACCIDENTS; RISK ASSESSMENT; OIL FIELDS; POLLUTION REGULATIONS; OIL SPILLS; ENVIRONMENTAL POLICY; USA; LIABILITIES; PETROLEUM INDUSTRY; SAFETY; TANKER SHIPS; DEVELOPED COUNTRIES; GEOLOGIC DEPOSITS; GOVERNMENT POLICIES; INDUSTRY; MINERAL RESOURCES; NORTH AMERICA; PETROLEUM DEPOSITS; REGULATIONS; RESOURCES; SHIPS; 020900* - Petroleum- Environmental Aspects; 021000 - Petroleum- Legislation & Regulations; 020600 - Petroleum- Health & Safety; 022000 - Petroleum- Transport, Handling, & Storage

Citation Formats

Price, R B. U. S. oil spill law to cause growing tanker problem. United States: N. p., 1991. Web.
Price, R B. U. S. oil spill law to cause growing tanker problem. United States.
Price, R B. Mon . "U. S. oil spill law to cause growing tanker problem". United States.
@article{osti_5792750,
title = {U. S. oil spill law to cause growing tanker problem},
author = {Price, R B},
abstractNote = {This paper reports on tanker owners which face a growing dilemma on the issue of oil spill liability. The U.S. Oil Pollution Act, passed last year in the wake of the March 1989 Exxon Valdez oil spill, was intended to reduce risk of and damage from such accidents. However, in addition to phasing in double hulls on most tankers operating in U.S. waters, the law substantially increases shipowner's liability for spills. And the federal law does not preempt state liability laws, which in most cases amount to unlimited liability for spill cleanup. Rather than face potentially unlimited liability in the event of a spill, tanker owners worldwide are exercising a number of options to shield themselves. Some of those options could increase the potential for oil spills, industry officials warn. The act also threatens to shatter the international alliance among shippers. A report by Drewry Shipping Consultants Ltd., London, says the law could have a devastating effect on operating practices. Tanker owners and operators have voiced the most opposition to the new spill law and the shackles it places on them. Now the industry that insures tankers has spoken up about is increased liability, and it too may launch a boycott.},
doi = {},
url = {https://www.osti.gov/biblio/5792750}, journal = {Oil and Gas Journal; (United States)},
issn = {0030-1388},
number = ,
volume = 89:39,
place = {United States},
year = {1991},
month = {9}
}