• Title/Summary/Keyword: oil pollution response costs

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Effect of Accession to OPRC-HNS Protocol on Korean Industry (OPRC-HNS 의정서 가입이 국내 산업계에 미치는 영향)

  • Choi, Jong-Wook;Lee, Seung-Hwan
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.13 no.4
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    • pp.37-42
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    • 2007
  • Since the OPRC-HNS Protocol entered into forced in the June of 2007, the potential effects on industrial circles are encouraged to be analyzed according to the obligatory regulations listed in the Protocols. This study was conducted on the quantitative analysis of the possible effect on the industrial circles if Korea accedes to OPRC-HNS Protocol. In spite of any burdens caused by keeping "accident emergency program memorandum" and performing "education and any training program for the crews", potential decrease of insurance fee is in possibility provided it follows. In addition, the oil refinery and petrochemical industries may also have burdens for potential costs for acquiring any materials including equipments and fees for education and training related to HNS. However, minimizing any costs by swift response against accidents would be big advantage that comes with paying of small amounts of expense by international convention related to HNS.

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