This paper investigates the the Oil Pollution Act of 1990 which requires double hull tanker ships. It specifically examines whether double-hull tankers are the right measure to prevent pollution at sea. the paper looks at the history of oil spills with and without double hull tankers and discusses whether they can prevent or even contain oil spills. The paper contains graphs.
Table of Contents:
Literature review
Introduction
Views about double skin tankers
Oil spill preview
What is the impact of OPA90
Cost benefit analysis
Conclusion
Appendix
From the Paper:
"Risk reduction cannot be certain in oil spills, but there are some alternatives that would clearly lessen the probability of a spill from occurring. Designs have been drawn up to modify the hulls of tankers. Some of these modifications will increase the costs in the construction, as well as the energy to move tankers. The extra costs in fuel to move a tanker can be costly with the added weight of the extra hulls and the new designs being implemented to meet OPA90 standards. The critical thing that many companies are facing when making this decision on a hull, is whether these increased costs will effectively reduce the risks, monetary costs, and potential negative public image that is associated with an oil spill."
Sample of Sources Used:
Anonymous "Exxon to appeal $5 billion Valdez spill judgment." Oil & Gas Journal. Sep 26, 1994. pg. 36-38.
Crow, Patrick. Knott, David. "Deadline Near for Compliance with U.S. Oil Spill Liability Rules." Oil and Gas Journal. Aug. 1, 1994. pg. 14 - 18.
Hopkins, Thomas D. "Oil Spill Reduction and Costs of Ship Design Regulations." Contemporary Policy Issues. Vol. X July 1992.
NRC Study National Academy Press Washington, DC 1991
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Published by:
gndrkavala
Publisher Since:
Apr 20, 2001
- Msc in International Trade & Transport,
- Bsc in Transport and Shipping at London
Guildhall University,
- Member of the Institute of Logistics &
Transport