Double-hulled tanker after 6 July 1993 to be fitted with double hulls, or an alternative design approved by IMO". However, in the aftermath of the Erika incident of the coast off France in December 1999, members of IMO adopted a revised schedule for the phase-out of single-hull tankers, which came into effect on 1 September 2003, with further amendments validated on 5 April 2005. After the Exxon Valdez oil spill disaster, when that ship grounded on Bligh Reef outside the port of Valdez, Alaska in 1989, the US Government required all new oil tankers built for use between US ports to be
History of the oil tanker of the U.S. This schooner was fitted out as an oil tanker in 1906, and sunk in a storm off Isles of Scilly in Dec. 1907. The 1880s also saw the beginnings of the Asian oil trade. The oil industry in Azerbaijan was the largest producer in the world at that time, but was limited to the Russian market. John D. Rockefellers Standard Oil dominated the world market. The idea that led to moving Russian oil to the Far East via the Suez Canal was the brainchild of two men: importer Marcus Samuel and shipowner/broker Fred Lane — the London