Nissos Amorgos spill battle

IOPC Funds seeks to reinforce immunity

Seismic rift over the tanker spill 18 years ago continues to create aftershocks.

Gard set to celebrate stellar profit ahead of P&I renewal

Top P&I club set to post $150m profit that will ensure further premium cuts.

Distrust threatens tanker spill payouts

Why it may not be business as usual the next time a blackened beach hits the headlines.

Gard set to finally settle Venezuelan claim

Nissos Amorgos ruling still rankles but top P&I club decides the fight is over.

Gard draws line under epic Nissos Amorgos court battle

Asset freezing order against tanker spill compensation fund lifted in signal that London litigation is at an end.

Nissos Amorgos battle sours future spill co-operation

Gard ponders next step as IOPC Fund and court decisions frustrate hope of financial recovery.

Premium dividend in prospect as Gard joins $1bn league

Modest claims and absence of further exposure to Nissos Amorgos leads to  2.5% general increase.

IOPC Funds rebuff for Gard 

 Norwegian P&I club left facing Nissos Amorgos claim as big majority votes in favour of winding up.

Nissos Amorgos resolution still elusive

Compromise sought as diplomats debate winding up 1971 IOPC Fund before agreement over 1997 oil spill is reached.

IOPC Funds win Gard battle

London court rules that IOPC Funds do not have a contractual obligation to the Norwegian P&I club and even if they did there was legal immunity under English law.

Gard heads towards billionaire league 

Soaring free reserve after strong first-half result points to modest general increase and further premium dividend.

 P&I group threatens retaliation in Nissos Amorgos battle

A warning that future co-operation over tanker and chemical carrier spills is being damaged by the row over the Nissos Amorgos incident has been issued by the P&I clubs.

 ICS, Bimco and Intertanko join forces in call to defer termination of 1971 fund 

Three leading shipowner organisations are backing Gard and the International Group of P&I Clubs in the battle that has developed over the Nissos Amorgos tanker spill.

Gard legal battle close to draining fund coffers 

The battle over the Nissos Amorgos has contributed to a rapid depletion of the remaining cash in the IOPC’s 1971 compensation fund.

Adversaries in bid to draw curtain on Nissos Amorgos

Efforts underway to find a global settlement to resolve long-running Venezuelan tanker spill compensation battle.

IOPC Fund set to be dissolved as Nissos Amorgos row continues

Winding up of pioneering tanker spill recommended despite legal battle by Gard for full recompense.

Hull and offshore business keeps Gard in the black

Year of modest claims makes a key contribution towards fifth premium dividend in as many years.

IOPC Funds to appeal Nissos Amorgos freezing order

Both tanker spill fund and Gard set to challenge aspects of London High Court ruling over Nissos Amorgos.

Gard wins $58m UK court ruling on Nissos Amorgos

First round legal victory for Norwegian P&I club as it secures freezing order against 1971 IOPC Fund.

Gard and IOPC Funds split ahead of talks on Nissos Amorgos spill

A chasm divides the Norwegian P&I club ahead of a week of decisions for the tanker pollution compensation organisation.

IOPC Funds battle freeze in row over Plate Princess tanker spill

Another old Venezuelan pollution incident is threatening to blow up into a complicated legal confrontation.

Legal top guns line up for Nissos Amorgos combat
Immunity of IOPC Funds set to be key battleground in landmark tanker spill dispute.

Gard's new chief signals healthy profit despite late claims upturn
But battle over Nissos Amorgos threatens tanker spill harmony.

Nissos Amorgos could open a Pandora's box
Gard's legal action against the IOPC Funds could have bizarre and wide ranging consequences.

Right to limit at centre of dispute over 17-year-old tanker spill
Final court judgment that Nissos Amorgos not entitled to limit prompts Gard to seek reimbursement.

Gard sues IOPC Funds
Conflict over 1990s tanker spill set to be fought in London's High Court.

Gard set for more progress
New chief executive faces challenge over what to do about Nissos Amorgos spill.

Axing tanker-spill convention leaves Gard in the cold
Scrapping an international convention is a more complex task than sending an overage vessel to Gadani Beach.

IOPC Funds and clubs clash over pollution fund closure
International Group P&I clubs warn that winding up the 1971 fund is premature.

Skuld's 'Hebei Spirit' deal seen as a model for efficient handling of tanker spills
Interim payments in a number of major tanker spills have proved successful but other incidents continue to pose a problem.

P&I clubs oppose winding-up of 1971 spill fund
International Group mutuals says it is too early to begin the process of closing a fund that ceased to be in force in 2002.

Venezuelan oil spill disputes likely to prove irresolvable
Disputes over two tanker spills 15 years ago appear to be deadlocked and maybe irresolvable.

Claims man heads spill funds
Highly experienced claims specialist, Jose Maura, has been elected as the new director of the International Oil Pollution.

Minor 1997 spill grows into major row between Venezuela and IOPC
A relatively minor tanker spill 14 years ago is threatening to flare up into a confrontation with the Venezuelan state.

Aframax grounds in Maracaibo
Shifting sands of Venezuela’s Lake Maracaibo appear to have claimed another victim.

Jacobsson knows way around dirty side of the tanker world
Mans Jacobsson has blackened his boots in an oil slick, sailed on a Shell tanker and dealt with angry fishermen.

Taking care of oil-spill victims
Long career of IOPC director who has authorised payout of over $1bn to spill victims draws to a close.

Tanker grounds in Venezuela
Eletson-owned handymax runs aground in Maracaibo shipping channel.

Kyklades sells Myrina
The ex-Nissos Amorgos is sold to another Greek owner for $18.5m.

Judges rule on premium row
Reinsurance dispute over cover for Venezuela’s state dredging company, Instituto Nacional de Canalizaciones goes to appeal in London.

Spill victims may get more money
Victims of the Nissos Amorgos tanker spill could soon be getting more compensation.

Tanker spill victims lose their safety net
Spill victims in more than 20 countries lose safety net as 1971 Fund is pensioned off.

Costly tanker spills get $123m costlier
Oil majors are facing a levy of £86.2m ($123.5m) to help pay for the Erika, Nakhodka and Nissos Amorgos incidents.

Venezuelan victims to get more for Nissos
VICTIMS of the Nissos Amorgos tanker spill in Venezuela are set to receive higher compensation following a decision to lift the payout of eligible claims from 25% to 40%

Better spill coverage lowers risk of chaos
IOPC Funds buys $80m of cover in Lloyd's of London market to protect shrinking contributors to 1971 fund.

Tanker spill-fund trouble gets real
Administrative council takes over the work of the 1971 IOPC Fund, following failure to achieve a quorum.

1971 Oil Pollution Compensation Fund set for liquidation
Pioneering tanker spill fund that has paid out  $320m is heading for liquidation.

Another disaster narrowly avoided in Maracaibo channel
Major incident in Lake Maracaibo narrowly averted as Russian panamax is refloated.

P&I clubs call for a new payout scheme
Major P&I clubs favour move from shipowner pays first to parallel compensation regime.

Gard rejects Nissos Amorgos spill claims
Huge compensation claims lodged by the Venezuelan authorities are to be rejected by P&I club.

Alafouzos ahead at renewals
Big reduction in the cost of hull and machinery cover won by Greek owner.

PDV Marine insists Maracaibo channel safe
Venezuelan tanker owner blames poor crew training.

Home for the holidays
Embattled captain of the Nissos Amorgos relishes a taste of freedom from ordeal in Venezuela.

Intertanko demands action on detained captain
Tanker owners' association demands quick and fair trial for the captain of the Nissos Amorgos.

Glafki set to move to larger tankers
Nissos Amorgos on the market as Glafki (Hellas) mulls newbuildings.

ITOPF survives demise of Tovalop
Demise of compensation scheme leads to increased technical focus.

Intertanko slams Venezuelans as 'most shameful'
Six months after the spill association bids to get master released from jail.

Fresh attempt made to free 'Nissos Amorgos'
International Group of P&I clubs sends delegation to Venezuela

'Nissos Amorgos' row set for IMO action
Vessel and crew  detained for nearly four months in oil-spill compensation haggle.

Stranded crew bides time
Concern rises over continued detention of aframax tanker.

'Nissos Amorgos' spill repercussions grow
Relatively modest oil spill at the entrance to Venezuela's Lake Maracaibo sets alarm bells ringing across the tanker and insurance markets.

Onassis vessel second to ground in Venezuela
Aframax tanker runs aground in Venezuela's Maracaibo channel.

Clean-up continues after Glafki tanker spills oil
Submerged object may be to blame for Nissos Amorgos casualty.