Maritime transportation : major oil spills occur infrequently, but risks to the federal Oil Spill Fund remain : report to Congressional Committees.

When oil spills occur in U.S. waters, federal law places primary liability on the vessel owner or operator--that is, the responsible party--up to a statutory limit. As a supplement to this "polluter pays" approach, a federal Oil Spill Liability Trust Fund administered by the Coast Guard pa...

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