Amoco Cadiz oil spill Amoco Cadiz oil spill The oil tanker "Amoco Cadiz" ran aground on Portsall Rocks, from the coast of Brittany, France, on 16 March 1978, and ultimately split in three and sank, all together resulting in the largest oil spill of its kind in history to that date. NOAA estimates that the total oil spill amounted to 220,880 metric tonnes of oil. En route from the Persian Gulf to Rotterdam, Netherlands, via a scheduled stop at Lyme Bay, Great Britain, the ship encountered stormy weather with gale conditions and high seas while in the English Channel. At around 09:45, a heavy
Oil tanker two million barrels of oil, had peaked at $309,601 per day in 2007, and has dropped, as of 2012, to $7,085 per day, far below the operating costs of these ships. As a result, several tanker operators laid up their ships. Prices rose significantly in 2015 and early 2016, but delivery of new tankers was projected to keep prices in check. Owners of large oil tanker fleets include Teekay Corporation, A P Moller Maersk, DS Torm, Frontline, MOL Tankship Management, Overseas Shipholding Group, and Euronav. In 2005, oil tankers made up 36.9% of the world's fleet in terms of deadweight