VOL. XXXVIII

NO. 821-NOVEMBER-1994

New US Pollution Rules Will Cause Only Slight Rise In Mideast Oil ImportCosts

While not yet finalized as MEES went to press late last week, it nonethelessappears likely that at least two of three proposed commercial solutions whichwould enable tanker owners to secure Certificates of Financial Responsibility (COFRs)certifying their ability to pay up in the event of oil spillage will get off theground in the next few days. New COFRs are required by the US Coast...