October 2, 2003

EU tanker ban and phase-ou takes effect

The European Union has published its unilateral "post-Prestige" tanker regulations in the the Official Journal of the European Union. The new rules come into effect on October 21, 2003. They impose an immediate ban on transport of heavy grades of oil in single-hull oil tankers of 5,000 dwt or above to or from EU ports and an accelerated phase-out of single-hull oil tankers.

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