SCA Says Prestige Sinking Shows Danger

Monday, November 25, 2002
The Shipbuilding Council of America (SCA) says the sinking of the 26-year old tanker Prestige illustrates the danger of continued operation of single-hulled tank vessels. The accident should serve as a warning to shippers who continue to look for cheap alternatives to modern, double-hull tank vessels. SCA has long been warning of the dangers of continued operation of aged single-hull tank vessels. “Unfortunately, even in the U.S., companies continue to charter older, single-hull tankers similar to the sunken Prestige at discounted rates,” stated SCA President Allen Walker. No new product tankers are under construction or on order for the domestic trades. Only 21 product tankers in the U.S.-flag fleet are currently double-hulled and 10 of those vessels are more than 16 years old today. The remainder of the U.S.-flag domestic fleet is made up of 11 single-hull tankers, all of which are greater than 20 years old, and 19 tankers with doublebottoms, but not double-sides. The Oil Pollution Act of 1990 requires all tank vessels operating in the domestic service to be double-hulled by January 1, 2015.
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1021 sec (10 req/sec)