"Marine Spill Response Corporation (MSRC): How it Hopes to Fill the Oil" by Gerald P. O'Reilly

Date of Award

1992

Degree Type

Major Paper

Degree Name

Master of Arts in Marine Affairs

Abstract

The establishment of Marine Spill Response Corporation (MSRC) is a direct outcome of OPA-90 which will have a substantial effect on domestic shipment, storage and traffic of oil. The ramifications of the law will be felt internationally and it has set a precedent for prevention of oil spills from tankers throughout the world. It will have a positive impact on the environment of the world. But it will be costly and the public will ultimately bear the burden of the environment impact.

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