Page 8: of Maritime Reporter Magazine (December 2002)

Analysis

Prestige Facts

Name M/T Prestige

IMO Number 725327

Year Built 1976

Shipbuilder Hitachi Shipbuilding & Engineering Co. Japan

Owner Mare Shipping Inc.. Registered in Liberia

Manager Universe Maritime Ltd.. Greece

Flag Bahamas

Class ABS - Built and maintained to ABS class

Marpol I3G Phase out Date March II. 2005

Design Deadweight 81.589 tons

Gross Tonnage 42.820

Sister Vessels None in service

ISM Documentation Reportedly issued by Bureau Veritas

P&l Cov erage London Steamship Ow ners Association

Pollution Liability CoverageThe operators state that Mare Shipping is full; covered for shipowner's pollution liability within the International Oil Pol-

ANCHOR

LARGEST INVENTOR

OF NEW & USED

IN THE U.S.A.

RS

CHAINS

FAX: 713/644-1185

WATTS: 800/233-8014

PHONE: 713/644-1183

P.O. BOX 58645

HOUSTON, TX 77258

TYPE

ANCHORS &

ABS, LLOYDS

GRADE 2, 3, K-

CHAIN & FITTINGS sales @ anchormarinehouston.com www.anchormarinehouston.com

World Tanker Fleet

World Tanker Fleet (including chemical carriers) 8/2002 < 10,000 dwt 2,404 > 10,000 dwt 4,916

Total 7,320

World Single Hull Tanker Fleet (including chemical carriers) 8/2002 < 10,000 dwt 1,829 >10,000 dwt 3,414

Total 5,243

World Double Hull Tanker Fleet (including chemical carriers) 8/2002 <10,000 dwt 575 >10,000 dwt 1,502

Total 2,077 (Source Clarksons)

Let us take care of all your insulation and abatement needs

We accept MasterCard, Visa and Amex

As a Ship Sinks, So Does Some Credibility

SUPERIOR ENERGIES INC. (If)

Reduce engine room temperature ISO 9001

Lower engine room noise

Easy to assemble

Coast Guard Compliant

TEMP-SET INSULATION COVERS

MANUFACTURING AND CONTRACTING

Removable Reusable Temp-Set Insulation Covers,

Manifolds, Turbos, Silencers, and complete Exhaust Systems.

ACOUSTICAL INSULATION

ASBESTOS ABATEMENT

TURN-KEY JOBS

WANT SUPERIOR QUALITY

WANT SUPERIOR SERVICE

CALL SUPERIOR ENERGIES INC. 1-800-BUY-SEI-1

P.O. Drawer 386, Groves TX 77619

Telephone: (409) 962-8549 Fax: (409) 962-4027

Website: www.insulationsei.com

Circle 238 on Reader Service Card or visit www.maritimereporterinfo.com

Circle 203 on Reader Service Card or visit www.maritimereporterinfo.com Maritime Reporter & Engineering News

The break up and sinking of the tanker Prestige last month off the coast of Spain is sure to create grass root changes in the maritime market that far exceed the eco- nomical and ecological damage caused. While it is impossible to determine, exactly, what new measures may be, there is an undeniable feeling that the powers in charge are determined to ensure that this sort of event is never repeated again. The fate of the tanker and the political and procedural situation that preceded it were fodder for the front page of the Wall Street

Journal recently, not exactly the publicity the maritime sector seeks. There are many issues that jump to the forefront of the Prestige incident, including, and in no particular order: Procedures regarding ports of safe refuge; Phase-out of single hull tankers; Survey and

Inspection; Design, Construction and Maintenance; and Marine Salvage and Recovery.

To the credit of all involved, the flow of information regarding the ship, its history, its status and its prospects was clear and free flowing from all corners, including SMIT, ABS, IMO and INTERTANKO. The availability and use of information could prove critical in assuring catastrophes such as Prestige are not repeat- ed.

The following is excerpted from IMO's release on the matter on November 20: "IMO's main concern now is to establish, as quickly and as thoroughly as possible, exactly what went wrong in this case so that the effectiveness of the reg- ulatory framework that IMO has put in place can be properly assessed and action taken, if need be, to recti- fy any weaknesses or deficiencies identified. Under the provisions of SOLAS and MARPOL, the Flag State

Administration is required to conduct an investigation into serious casualties. The Flag State authorities of the

Bahamas are therefore urged to expedite their investi- gation into the incident and provide IMO with their findings, conclusions and recommendations." — Greg Trauthwein