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EU Agrees To Ban On Tankers
Bad Credit Credit Creditres European Union nations agreed Friday to ban single-hull tankers carrying heavy fuel oil in their waters, in an effort to prevent disasters like the devastating oil spill off the coast of Spain last month.
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Bad Consolidation Credit Debt The ban will come into force in January as part of a package of measures rushed through by EU transport ministers after the Prestige oil tanker cracked, spilling millions of gallons of fuel oil onto Spain's beaches. It then broke into two pieces and sank.
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Bad Company Credit Repair "We want to avoid these ecological bombs being able to sail in our waters," EU Transport Commissioner Loyola de Palacio of Spain said.
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Bad Card Credit Credit In addition to heavy fuel oil, the immediate ban covers single-hull carriers of tar, bitumen and heavy crude. The 15 EU nations also plan a total ban on single-hull vessels more than 15 years old. That ban is likely to come into force in 2010, De Palacio said.
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Bad Car Credit Loan In addition, the EU plans to set up "safety zones" aimed at keeping out dangerous ships and to introduce a $1-billion fund to help areas stricken by oil slicks.
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Bad Credit Loan Mortgage The EU also declared its ports immediately off limits to 66 ships listed as particularly dangerous.
Auto Bad Credit Loan It is not known how effective that will be. A Spanish research institute, Home of the Employed Foundation, said that more than 50 blacklisted cargo ships had entered Spanish ports over the previous 10 days despite pledges to keep them out.
Bad Credit Mortgage Refinance De Palacio brushed aside fears from the Netherlands that the ban on single-hull vessels could jeopardize fuel supplies, saying 50% of tankers worldwide already have double hulls and that the percentage is growing.
Bad Credit Refinance The International Assn. of Independent Tanker Owners said the ban would distort shipping markets but would not cause widespread disruption, as any shortfall would be made up by modern double-hull vessels.
Bad Credit Mortgage Second The Prestige spill has tarred about 180 beaches on Spain's coast. It also threatens the Portuguese and French coastlines.
Bad Credit Loan Student Associated Press - 12/7/2002
Topic: Petroleum Industry
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