US Gulf support services at risk from oil spill backlash

SHIPPING services supporting offshore activities in the Gulf of Mexico will “shut down completely” if the US Congress eliminates limitations on liability contained in the Oil Pollution Act of 1990, according to the head of one of the biggest US-based operators in this segment.

Charles Fabrikant, chairman of Florida-headquartered Seacor Holdings, described the US as “politically one of the riskiest nations in the world, in terms of predictability required to do business”.
However, he expressed hope that US lawmakers would stop short of enacting...

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