Prestige tanker ship sinking in the Atlantic ocean.

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BY REPORTER: ANDREAS MOUTSOURIS

On Wednesday, November 13, 2002, a furious ocean storm caught the tanker Prestige off the coast of Spain. Within a week, the Greek-owned ship had broken in half, sending its cargo of 70,000 metric tons of fuel oil to the briny deep, but not before, enough mud had washed ashore to seriously threaten sea birds and aquatic life.

If its entire cargo washed ashore, environmentalists say it would be a worse disaster than the vaunted spill of the Exxon Valdez in 1989, off the coast of Alaska, when 38,800 tons of crude oil spilled into Prince William Sound.

The Prestige carried fuel oil, which actually is more dangerous to the environment than unrefined crude. It is heavier, more toxic and more difficult to clean up than crude. An early estimate of the cost of the clean-up of the lobster-rich waters is $65 million. It could take six months. French President Jacques Chirac reacted to the sinking of the Prestige by demanding ‘draconian’ measures to prevent these sorts of shipping disasters.

Worth noting:

  • The Prestige, a Greek-owned, Bahamian-flagged tanker, was bound from Latvia to Singapore.
  • A BBC report says tanker owners, under rules of compensation set by the International Oil Compensation Funds, must insure against pollution, and the amount depends on the size of the tanker. For the Prestige, this would amount to about $25 million US.
  • The Prestige was built in Japan, one of the leading shipbuilding nations in the world.
  • The Prestige was 26 years old when it sank. It was also a single-hulled tanker.

Interesting to note that under European Union rules, tankers more than 25 years old will not be allowed to trade with Europe after 2005. Also, the International Maritime Organization (IMO) has decided that single-hulled tankers built in 1973 or earlier will be banned from the seas by 2007, and single-hulled tankers built after 1973 must be withdrawn by 2015.

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Spain ordered a scientific commission to find a way of raising or sealing off some 50,000 tonnes of fuel oil from the sunken tanker Prestige, as it confirmed the vessel would keep leaking the thick oil for more than three years. Among other possibilities being studied by the commission were the raising of the two sunken sections of the vessel, the plugging of holes in its disintegrating carcass, and its burial under tons of cement.

The centre-right government of Jose Maria Aznar, which has been heavily criticised for its handling of the Prestige affair, finally admitted that the tanker ...

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