Prestige oil spill causing great harm to the local fishing industry. The spill is the largest environmental disaster in the history of both Spain and Portugal. The amount of oil spilled was more than the "Exxon Valdez" incident and the toxicity considered higher, because of the higher water temperatures. In 2007 the Southern District of New York dismissed a 2003 lawsuit by the Kingdom of Spain against the American Bureau of Shipping, the international classification society which had certified the "Prestige" as in compliance with rules and laws, because ABS was a "person" per the International Convention on Civil Liability for Oil Pollution
Exxon Valdez oil spill responsible" for the spill, because they had granted mariners' licenses to the crew of the Valdez, and because they had given the "Valdez" permission to leave regular shipping lanes to avoid ice. They also reiterated the claim that the Coast Guard had delayed cleanup by refusing to give permission to immediately use chemical dispersants on the spill. The Oil Spill Recovery Institute was formed after United States Congress approved it to seek a solution. Collaborating with InnoCentive they found a partial solution for the flow of oil. A report by the US National Response Team summarized the event and made