Spain is tightening rules on ship-to-ship oil transfers Ship’s crew

Reuters

MADRID, March 27 (Reuters) – The Spanish government has tightened its rules on ship-to-ship oil transfers after increased activity along its coast.

Oil tankers wishing to conduct operations off the Mediterranean and Atlantic coasts, even outside of territorial waters, must obtain authorization from the nearest Spanish port captain, under a new rule set to come into effect 20 days after it was published on March 22.

Boats wishing to serve these tankers loaded with crude oil, refined products or other chemicals must also apply for a special permit, the rule says.

Fuel trading has been complicated by the Group of Seven’s December imposition of a price cap on Russian oil and separate European Union measures to ban imports of Russian crude oil and oil products.

As a result, ship-to-ship operations have become more common, but industry sources say they are also becoming a growing security concern.

Spanish authorities have intercepted several oil tankers suspected of spilling oil in the Mediterranean Sea near Barcelona and off the Canary Islands in recent weeks.

(Reporting by Inti Landauro; Editing by Angus MacSwan)

(c) Copyright Thomson Reuters 2023.

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