CONFEREES AGREE ON OIL SPILL LIABILITY MEASURE FOR U.S.
U.S. congressional conferees have agreed on a comprehensive oil spill liability bill and plan to submit it to Congress before a scheduled August recess. In final actions, conferees agreed to an increase in shipowners' liability for spills from the present $150/vessel ton to $1,200/vessel ton. Owners of the crude would not be jointly liable for spills. Minimum liabilities would be $10 million for vessels larger than 3,000 gross tons and $2 million for smaller vessels. Current federal laws