The MT Terranova Oil Spill in Limay, Bataan An Overview of the Incident and Its Impacts Presented by Date Presented Group 2 18 September 2024 Incident Overview • Date of Incident: July 25, 2024 • Location: Limay, Bataan, Philippines • Vessel: MT Terranova • Volume of Oil Spilled: Up to 1,494 metric tons • Casualties: 1 death, 16 rescued • Cause: Sinking due to rough seas from Super Typhoon Carina Source: https://www.rappler.com/philippines/owner-mt-terranova-taps-harborstar-salvage-tanker-clean-oil-spill/ Economic Impact • Income Loss: PHP 78.69 million (US$1.37 million) • Affected Fisherfolk: Approximately 28,373 out of 46,090 • Impact on Fishing Boats: 5,810 boats affected • Fish Price Decline: "Alubaybay" (Sardinella albella) dropped from PHP 120 to PHP 50 per kilo Source: https://www.rappler.com/philippines/owner-mt-terranova-taps-harborstar-salvage-tanker-clean-oil-spill/ Environmental Threats Source: https://www.greenpeace.org/philippines/press/66605/in-photos-oil-fromcapsized-tanker-mt-terranova-has-reached-the-municipal-waters-of-hagonoybulacan/ Environmental Threats: Threat to Marine Life Environmental Threats: Potential Damage to Marine Ecosystem Environmental Threats: Warning from Oceana Regulatory Response Fishing Ban Monitoring by BFAR Source:https://news.abs-cbn.com/video/news/04/26/21/bfar-west-philippine-seaan-important-fishing-ground Cleanup Efforts • Containment Measures: ⚬ Deployment of floating barriers ⚬ Use of oil dispersants • Coordination: Philippine Coast Guard (PCG) and US Coast Guard • Ongoing Operations: Monitoring, surveillance, and impact assessment on marine ecosystems Cleanup Efforts • Containment Measures: ⚬ Deployment of floating barriers ⚬ Use of oil dispersants • Coordination: Philippine Coast Guard (PCG) and US Coast Guard • Ongoing Operations: Monitoring, surveillance, and impact assessment on marine ecosystems Source: https://manilastandard.net/news/314494645/pcg-nears-completion-ofoil-spill-cleanup-from-sunken-mt-terranova.html Community Support Fisherfalk Demands Need for Compensation Concerns Conclusion The MT Terranova oil spill is a stark reminder of the vulnerabilities associated with maritime transport of hazardous materials and the potential for devastating environmental and economic consequences. It underscores the need for improved regulations, better emergency response strategies, and a collaborative approach among government agencies, local communities, and environmental organizations to prevent similar disasters in the future. The ongoing recovery efforts will be critical in determining the resilience of both the marine ecosystem and the communities that depend on it. Utilitarianism Utilitarianism looks at the Bataan oil spill by focusing on the outcomes of the actions taken in response to the disaster. It aims to maximize happiness and minimize harm for the most people affected. The significant financial loss of PHP 78.69 million for local fisherfolk and the environmental damage to marine life are key concerns. A utilitarian approach would support effective cleanup efforts, fishing bans, and compensation for those impacted, all aimed at restoring well-being and protecting the environment. Helping local fisherfolk with aid and support aligns with this perspective, as it seeks to improve their overall welfare. Deontology From a deontological viewpoint, the Bataan oil spill emphasizes the moral responsibilities of the companies involved. This approach focuses on following rules and respecting people's rights. The companies have a duty to prevent such incidents and to take responsibility for their actions, which includes compensating affected fisherfolk. The fishing bans and “no-catch and no-sell” orders are seen as necessary steps to protect public health. Additionally, the calls for accountability from local fisherfolk highlight the importance of moral obligations in addressing the situation. Virtue Ethics Virtue ethics evaluates the Bataan oil spill by considering the character and virtues of those involved. This perspective emphasizes qualities like compassion, responsibility, and integrity in responding to the disaster. The determination of local fisherfolk to seek accountability and support shows a strong sense of community. Virtue ethics also encourages a long-term commitment to caring for the environment and supporting affected communities, urging everyone to develop virtues like care and justice in their efforts to deal with the spill's effects. Thank you! Thank you! NEW BUSINESS OPPORTUNITY Henrietta Mitchell, Founder & CEO Matt Zhang, Founder & CTO 13 September, 2023 Ingoude Company