Manila: 10 months after the nation's worst ever oil spill President Gloria Arroyo (pictured) has signed an edict into law aimed at preventing oil pollution of the environment by imposing hefty penalties on firms responsible for the damage. The Republic Act (RA) 9483 or the Oil Pollution Compensation Act, seeks to immediately compensate victims of massive oil pollution by holding shipping firms responsible for the accident to shoulder the cost of the clean up of damaged areas.
The Act was signed nearly a year after 500,000 litres of bunker fuel carried by the tanker MT Solar I spilled into the Guimaras Strait in the Central Philippines damaging thousands of kilometres of coastline. [18/06/07]
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.
