Drilling Data: what story does it tell?

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Presentation transcript:

Drilling Data: what story does it tell? 30 years of compensating victims of oil pollution damage By: Anne Legars

Anne Legars $408 million $149 million 1989-1998 1998-2006 2006-2016 2016- Present 1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 $408 million $149 million The Bunkers Convention 2018 Legislative amendments to MLA 2010 legislative amendments: Bunkers Convention & Supplementary Fund 1969 Civil Liability Convention 1992 CLC & IOPC Convention 1992 IOPC Fund 2005 Supplementary Fund 1971 International Fund Convention Unlimited liability Supplementary Fund Protocol 2001 Marine Liability Act (MLA) Legislative amendments: direct access for CCG Fund of First Recourse Small Claims Bunkers Convention Legislative amendments to Canada Shipping Act (CSA) – Canada accedes to 1992 CLC & IOPC Convention Mystery Spills Rio Orinoco sinking Emergency Funding Special CCG $100 million limit per accident CCG Preventive Measures 1989 Conference with Key Stakeholders 30th Anniversary Celebration 1: Key Legislation 2: Key events 3: Key incidents

30 years: Bird’s Eye View Anne Legars 1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 1989-1998 1998-2006 2006-2016 2016- Present

1989-04-24 Balance $149 million Expenses $104 million Revenue 1989-1998 1998-2006 2006-2016 2016- Present 1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 $408 million $149 million 1969 Civil Liability Convention 1992 IOPC Fund 1989-04-24 Balance $149 million Expenses $104 million Revenue $363 million 2019-04-24 Balance $408 million 1971 International Fund Convention Supplementary Fund Protocol Fund of First Recourse Bunkers Convention Mystery Spills Special CCG $100 million limit per accident Unlimited liability

$149 million $408 million $25 million $57 million $22 million The High-level story behind the $408 million  1989 2019 $149 million Capital $408 million Paid - Canadian claims $25 million Paid - IOPC Contributions $57 million Paid - Operating Expenses $22 million $358 million Received - Interest $5 million Received - Recovery $0 Received - Contribution

1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 Upon click, add Chaulk + Marathassa

Anne Legars 7 CLAIMS PER YEAR 12 CLAIMS PER YEAR 18 CLAIMS PER YEAR 1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 7 CLAIMS PER YEAR 12 CLAIMS PER YEAR 18 CLAIMS PER YEAR Upon click: add pop-ips

What types of ships have caused claims with the Fund?

What types of ships have caused claims with the Fund?

Average amount claimed, by type of ship Put in to Spaghettis – high to low 

93 claims for mystery spills $2 million ($21.5K on average) Focus on Mystery Spills 93 claims for mystery spills 77 claims paid $2 million ($21.5K on average) 413 claims received total $25  million paid total Slide 8 – Mystery Spills

Where do claims come from? Slide 9: OPTION 2 ” PAID TO PROVINCES

196 217 Half of the claims come from BC British Columbia Slide 9: OPTION 1

ADW

116 claims from Abandoned, Derelict, and Wrecked Vessels ADW

73% of claims from abandoned, derelict, and wrecked vessels come from BC Slide 10 – BC vs ROC (spread in 5 year intervals)

$600K claimed for tanker incidents 13 claims caused by tankers Focus on Tankers $600K claimed for tanker incidents 13 claims caused by tankers $400K paid 413 claims received total $38 million claimed $25 million paid Slide 8 – Mystery Spills

$22 million paid $28 million Canadian Coast Guard: the Fund’s main claimant CCG CCG $28 million $22 million paid Slide 9: OPTION 3

Contribution to IOPC Funds: more than an insurance 1989 2019

Total: $57 million

$12 million paid to Canadian victims (Rio Orinoco) Contribution to IOPC Funds: more than an insurance 1989 Peter M. Troop Kenneth A. MacInnis Alfred H. Popp Anne Legars 2019 $12 million paid to Canadian victims (Rio Orinoco) Party by statute in several court cases Currently: Nathan E. Stewart Coverage of Canadian oil pollution risk by international ship insurers (P&I) Allows fund to be part of an international web of expertise A guidance for all Administrators in the assessment of Canadian claims UNDER GRAPHIC:

$22 million Operating Expenses

$358 million Intérêts perçus par la Caisse de 1989 à 2019 Interest French title: Intérêts perçus par la Caisse de 1989 à 2019

$5 million ($3.5 m) recovered Recovery Action $5 million ($3.5 m) recovered 20% 15% 30% 54% Recovery Action

MPCF levy: 15 cents per ton from 1972 to 1976 ( 36$) Recovered and Non-Recovered Payments Contributors  Contribution since 1989: 0 Levy amount: FIND OUT LEVY (Anne to send) Levy in 1989 – $x per tonne  Contributions to the MPCF 1971 – 1976 ($35 million) Which became part of the $149 million SOPF levy: from 30 cents per ton (1989) to 51.50 cents per ton (1989). Not imposed since 1989   MPCF levy:  15 cents per ton from 1972 to 1976 ( 36$) 

SOPF Levy 1989: 30 cents per tonne Contributors MPCF Levy: 15 cents per tonne $36 million in total collected from 1972-1976 SOPF Levy 1989: 30 cents per tonne SOPF Levy 2019: 51.50 cents per tonne (Levy has not been imposed since 1989) Contributors  Contribution since 1989: 0 Levy amount: FIND OUT LEVY (Anne to send) Levy in 1989 – $x per tonne  Contributions to the MPCF 1971 – 1976 ($35 million) Which became part of the $149 million SOPF levy: from 30 cents per ton (1989) to 51.50 cents per ton (1989). Not imposed since 1989   MPCF levy:  15 cents per ton from 1972 to 1976 ( 36$) 

Questions? Interested in learning more about the SOPF and our last 30 years? Join our distribution list to be the first to know when our new publications are available! Feel free to contact us at info@sopf-cidphn.gc.ca for more information!