Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Accidents & insurance

Tanker / shipping

41 cases in 44 countries, 1869–2026. Most cases: United Kingdom (10), United States (7), Türkiye (6), China (3), Greece (3).

Tanker / shipping · Türkiye · 2026

Koç and Sabancı named partners of COP31 climate summit in Antalya

Koç and Sabancı holding companies were named COP31 partners, with Koç as global partner and Sabancı as electrification partner, and the fees were not disclosed. At stake for nature is how far sponsors whose businesses include oil refining and lignite power shape the climate talks.

Tanker / shipping · Turkey · 2026

Erikli water brand changes hands in Nestlé–Platinum Equity partnership

Nestlé and Platinum Equity are forming a partnership worth 4.9 billion euros that includes the Erikli water brand, Evrensel reported in 2026. The cited sources do not state the price, the stakes held, or where Erikli's water is drawn from.

Oil spill · Trinidad and Tobago · 2024–2026

Gulfstream oil spill (Tobago)

In February 2024 a barge with no recorded flag or insurer released about 4,652 tonnes of fuel oil off Tobago, and the oil reached Bonaire, 830 km away. The registered owner had not been identified, and the IOPC 1992 Fund paid the claims.

About 4,652 t
Fuel oil spilled off Tobago
No court caseNo independent ecological evaluation
Oil spill · Russia · 2024–2025

Volgoneft 212/239 spill (Kerch Strait)

Two Volgoneft tankers were involved in an oil spill in the Kerch Strait on 15 December 2024. In August 2025 a Krasnodar court was reported to have awarded RUB 49.46bn against the owner of the Volgoneft 212.

RUB 49.46bn
Court award reported against the owner of the Volgoneft 212 (August 2025)
Court ruling existsKey earnings undisclosed
Oil spill · Philippines · 2023–2025

Princess Empress oil spill (Philippines)

The tanker Princess Empress spilled oil off Mindoro on 28 February 2023. Of PHP 15.06bn claimed, PHP 3.88bn was approved and PHP 2.71bn paid.

PHP 2.71bn of PHP 15.06bn
Claims paid vs claimed
No independent ecological evaluation
Tanker / shipping · Vietnam · 2022–2023

FSC suspends Vietnamese pellet maker An Viet Phat Energy over false claims

The Forest Stewardship Council (FSC) suspended An Viet Phat Energy (AVP), a Vietnamese wood-pellet producer, in 2022 over false claims about large volumes of pellets. FSC Asia-Pacific reported that the integrity of wood-pellet supply chains was at risk.

Tanker / shipping · Sri Lanka · 2021–2025

X-Press Pearl ship disaster (Sri Lanka)

The ship X-Press Pearl, carrying chemicals and plastic pellets, was lost off Colombo in 2021. A London court limited the owners' liability to about £20 million; Sri Lanka's Supreme Court ordered an interim US$1 billion, which had not been paid at the latest report.

US$1bn vs about £20m
Interim compensation ordered in Sri Lanka vs liability limit set in London
Court ruling existsCase pending / contested
Oil spill · Israel · 2021–2022

Israel tar spill, February 2021: unidentified tanker, IOPC Fund compensation and oiled turtles

Tar washed up along Israel's Mediterranean coast in February 2021. The 1992 IOPC Fund treated it as a spill of unidentified origin and authorised payment of admissible claims; the Michmoret rescue centre received 10 injured sea turtles in two days.

ILS 55 million
Estimated response cost
No court case
Tanker / shipping · Turkey · 2021–2024

Turkish court annuls 2021 transfer of Gezi Park ownership

Gezi Park's ownership was transferred to a foundation in 2021, and a court annulled the transfer in 2024. The cited sources give no data on the park's ecological condition.

Oil spill · Mauritius · 2020

MV Wakashio oil spill (Mauritius)

The MV Wakashio ran aground off Mauritius in 2020. Its owner sought to cap its liability under the LLMC regime; on 23 February 2026 the Supreme Court of Mauritius refused limitation for oil pollution claims.

Rs 719.66 million
Limitation fund sought by the owner
Court ruling exists
Plastic waste and recycling claims · China · 2018–2020

China National Sword plastic import ban and container returns

China banned imports of most plastic waste from 1 January 2018. A 2018 study estimated the ban would displace 111 Mt of plastic waste by 2030, and later shipments ended up in other countries, some of which returned containers to the senders.

45%
Share of cumulative global plastic-waste imports taken by China since 1992
No court caseNo independent ecological evaluation
Plastic waste and recycling claims · Malaysia · 2018–2023

Malaysia imported plastic waste crisis (Jenjarom)

After China largely closed its doors to plastic waste in January 2018, imports into Malaysia rose and unlicensed plastic-burning plants opened around Jenjarom. In January 2020 Malaysia sent 150 containers back to 13 countries.

about 17,000 t
Plastic still on the ground in Jenjarom three years after the 2020 returns
No court caseNo independent ecological evaluation
Oil spill · Iran · 2018–2022

Sanchi tanker collision and condensate spill, East China Sea, 2018

On 6 January 2018 the Panama-flagged tanker Sanchi, carrying 136,000 tonnes of condensate loaded at Assaluyeh, collided with the Hong Kong-registered bulk carrier CF Crystal in the East China Sea, burned and sank on 14 January; three crew died and 29 were missing. The spokesperson of the National Iranian Tanker Company (NITC) said in January 2019 that insurers had paid US$50 million of US$256 million in claims.

US$50 million of US$256 million
Paid by insurers against claims for pollution, diving and team recovery (NITC spokesperson, 6 January 2019)
No court caseKey earnings undisclosed
Tanker / shipping · Global · 2018

Greenpeace leaves the Forest Stewardship Council in 2018

Greenpeace International ended its membership of the Forest Stewardship Council, a forest certifier, in March 2018. The cited sources do not describe the terms of the exit or its effect on certified forests.

Fishing ban · United States · 2017–2026

North Atlantic right whale deaths and US vessel-speed rule withdrawal

NOAA maintains an Unusual Mortality Event page for North Atlantic right whales covering 2017 to 2026. A news report carried the headline that NOAA had withdrawn a proposed rule requiring ships to slow down.

176 (43 dead)
Right whale cases in the 2017–2026 Unusual Mortality Event
No independent ecological evaluation
Plastic waste and recycling claims · Türkiye · 2016–2026

Plastic waste imports into Türkiye (Adana)

Türkiye received 510,000 tonnes of European Union plastic waste in 2025, the largest share of any destination. A 2026 European Commission assessment said the findings pointed to a need for substantial improvements, and Human Rights Watch and Greenpeace reported harm to workers and dump sites around Adana and Istanbul.

510,000 t
EU plastic waste exports received by Türkiye, 2025
Under standard-setter reviewKey earnings undisclosed
Fishing ban · São Tomé and Príncipe · 2013–2018

Thunder fishing vessel chase

Sea Shepherd pursued the fishing vessel Thunder for what it calls 110 days in 2014–15 until the ship sank off São Tomé and Príncipe. Three of its officers were convicted there, and its owner was fined in Spain in 2018.

110 days
Length of the pursuit by Sea Shepherd before the Thunder sank
Court ruling exists
Staged loss / scuttling · Oman · 2013–2020

Atlantik Confidence deliberate sinking (Oman)

A bulk carrier carrying steel caught fire and sank off Oman in April 2013. An English court found in 2016 that it had been sunk deliberately at the request of the person it described as the owners' alter ego; the hull underwriters, who had paid US$22 million, then sued to recover the money.

US$22m vs about US$6.5m
Hull insurance proceeds paid, against the ship's market value
Court ruling exists
Tanker / shipping · Pakistan · 2012–2021

Pakistan ordered to pay Karkey about $800 million over seized powerships

Pakistan's Supreme Court found Karkey's powership contract irregular and annulled it, and an ICSID tribunal then awarded the company compensation. The cited sources do not describe the plants' environmental impact.

Staged loss / scuttling · Yemen (offshore) · 2011–2019

Brillante Virtuoso tanker

A tanker was set on fire off Aden in 2011 in what was presented as a pirate attack. A London court found in 2019 that the owner had deliberately caused the loss; the surveyor who inspected the ship was killed by a car bomb.

about 5.7: 1
Insurance claimed vs ship's market value
Court ruling existsDeaths reported
Oil spill · India · 2011–2016

MV Rak Carrier coal and oil spill (Mumbai)

A coal-laden ship went down about 20 nautical miles off Mumbai in August 2011, and oil and tar balls reached beaches as far as Raigad. The ship's Romanian insurer refused to pay for environmental damage; in 2016 India's National Green Tribunal ordered the owners to pay Rs 100 crore.

Rs 100 crore + Rs 5 crore
Ordered by India's National Green Tribunal, August 2016
Court ruling exists
Tanker / shipping · New Zealand · 2011

Rena grounding (New Zealand)

The container ship Rena ran aground in the Bay of Plenty, New Zealand, on 5 October 2011. The cited sources give figures for government costs and an insurer settlement, none of which could be checked against a primary document.

NZ$47m
Government costs reported
No independent ecological evaluation
Tanker / shipping · United States · 2011–2015

TNC chief scientist urged conservation groups to partner with companies

In a 2012 essay, The Nature Conservancy's chief scientist Peter Kareiva and co-authors argued that nature recovers quickly and that conservation should be justified for people. Other conservation scientists objected, and TNC's 2011 partnership with Dow Chemical was reported as a five-year, 10 million dollar collaboration.

Staged loss / scuttling · United States · 2009

Alexander II fishing boat sinking attempt

In August 2009 the owner of a fishing boat arranged for its crew to flood and sink it off New Jersey. The attempt failed and the Coast Guard rescued the crew. The insurer denied the owner's US$400,000 claim. The owner and three others pleaded guilty and were sentenced to prison in 2012 and 2013.

US$400,000
Insurance claim denied (equal to the policy limit)
Court ruling existsNo independent ecological evaluation
Plastic waste and recycling claims · United Kingdom · 2009–2025

UK packaging recycling notes (PRN) system and fraud cases

The UK counts packaging recycling through tradable notes, which producers buy to meet recycling obligations and which exporters obtain for waste sent abroad. The National Audit Office found in 2018 that half of the recycling the notes subsidised was exported, with no check on what happened to the waste on arrival; later cases include a note-fraud conviction and arrests.

About half
Share of PRN-subsidised packaging recycling that was exported, 2017
Court ruling existsNo independent ecological evaluation
Oil spill · South Korea · 2007

Hebei Spirit oil spill

An oil spill from the Hebei Spirit off Taean, South Korea, on 7 December 2007 produced claims of KRW 4,227 billion. The compensation limit under the international conventions was KRW 321.6 billion, and the Korean state paid the remaining claims.

KRW 4,227bn: KRW 432.9bn
Claims filed vs awarded by the court
Court ruling exists
Oil spill · Russia · 2007–2018

Kerch Strait storm, November 2007: Volgoneft 139 fuel-oil spill and sulphur-ship sinkings

On 11 November 2007 the tanker Volgoneft 139 broke in two in a storm in the Kerch Strait and fuel oil spilled; three sulphur-laden cargo ships sank in the same area. Russian courts awarded RUB 503.2 million in 2012; the IOPC 1992 Fund had paid RUB 337,734,596 by the end of 2018, and the insurer Ingosstrakh had paid one claimant.

RUB 337,734,596
Paid by the IOPC 1992 Fund to 31 December 2018 (claims received: RUB 8,486,679,741)
Court ruling existsKey earnings undisclosed
Tanker / shipping · United States · 2007–2021

Nature Conservancy began $10 million partnership with Dow Chemical in 2011

The Nature Conservancy began a five-year, $10 million cooperation with Dow Chemical in January 2011, and reporting cited in the sources says WWF has had a $20 million relationship with Coca-Cola since 2007. The sources do not settle whether company money shapes conservation advice.

Oil spill · France · 1999–2012

Erika oil spill

The Malta-flagged tanker Erika was involved in an oil pollution incident off Brittany, France, on 12 December 1999. In 2012 France's Court of Cassation upheld criminal liability for four parties, including Total SA, and held Total could not rely on the shipowner's liability channelling.

€116.9m
Paid by the 1992 Fund (IOPC table)
Court ruling exists
Oil spill · Venezuela · 1997–2014

Nissos Amorgos tanker spill, Gulf of Venezuela, 1997, and the US$60 million environmental-damage judgment

The Greek tanker Nissos Amorgos ran aground in the Maracaibo Channel on 28 February 1997 and spilled an estimated 3,600 tonnes of crude oil. Venezuelan courts upheld a US$60 million environmental-damage claim by the State against the master, shipowner and Gard Club, while the 1971 Fund considered the claim inadmissible; payment to the State is not on record.

US$60 million
Awarded to the Venezuelan State for environmental damage by Venezuelan courts (final, May 2013)
Court ruling existsNo independent ecological evaluation
Oil spill · Venezuela · 1997–2014

Plate Princess spill, Puerto Miranda, Lake Maracaibo, 1997, and the fishermen's judgment

The tanker Plate Princess spilled some 3.2 tonnes of crude at the Puerto Miranda terminal on Lake Maracaibo in 1997. Venezuelan courts ordered the 1971 Fund, which was not a defendant, to pay about £57.2 million to two fishermen's unions; the IOPC recorded that no compensation was paid and the Fund was dissolved on 31 December 2014.

£57.2 million
Ordered against the 1971 Fund by the Maritime Court of First Instance, March 2011
Court ruling existsNo independent ecological evaluation
Staged loss / scuttling · Greece · 1994–2002

Grecia Express ferry scuttling (Greece)

The ferry Grecia Express sank at Aegion in the Gulf of Corinth in 1994. The insurer alleged that the owner scuttled her; an English court found the owner not complicit and ordered US$9.9m, including anti-pollution expenses.

US$9.9m
Ordered by the court against the insurer
Court ruling exists
Oil spill · United States · 1989–2015

Exxon Valdez: the spill, insurance and court cases

An Exxon tanker spilled about 257,000 barrels of crude oil in Alaska in 1989. A jury awarded $5 billion in punitive damages; 19 years later the Supreme Court reduced it to $507.5 million. Exxon's excess insurers refused cover on 33 grounds and paid $780 million after a lawsuit, in addition to $400 million from a P&I club.

$5bn → $507.5m
Punitive damages: jury award vs final award
Court ruling existsKey earnings undisclosed
Staged loss / scuttling · Italy · 1987–2024

Rigel scuttling (Calabria)

The cargo ship Rigel sank off Calabria in 1987 after sailing with a declared cargo of marble. A La Spezia court accepted that the sinking was deliberate and an insurance fraud; the real cargo was never established and a suspicion of toxic or radioactive waste was never tested because the wreck was not found.

Deliberate; insurance fraud
Court finding on the sinking (La Spezia)
Court ruling existsNo independent ecological evaluation
Staged loss / scuttling · Sierra Leone · 1985–1995

Ikarian Reefer fire (Sierra Leone)

A refrigerated cargo ship ran aground off Sierra Leone in 1985 and then caught fire. Underwriters refused a claim of about US$3 million, alleging the fire was set with the owners' connivance; the Court of Appeal found in 1995 that the fire was deliberate.

about US$3m
Insurance claim refused by underwriters
Court ruling exists
Staged loss / scuttling · Senegal (offshore) · 1979–1985

Salem tanker

A supertanker sank off West Africa in January 1980. Most of its cargo had already been sold in Durban, and Lloyd's cargo insurers refused to pay for it.

12: 1
Cargo sold in Durban vs cargo sunk with the ship
Court ruling exists
Oil spill · France · 1978–1992

Amoco Cadiz oil spill (France)

The Amoco Cadiz oil spill occurred off Brittany on 16 March 1978. French claimants sued the owner's parent group in a US court; the award recorded was under half of the initial claims.

under 50%
Award as a share of initial claims
Court ruling exists
Staged loss / scuttling · Indian Ocean (near Minicoy) · 1977–1991

Lucona sinking (Indian Ocean)

In January 1977 a time bomb sank the cargo ship Lucona in the Indian Ocean; six of the twelve people aboard died. Udo Proksch, who had declared and insured the cargo, was later convicted of six murders and fraud.

212 million schillings
Insured sum the insurer refused to pay
Oil spill · United Kingdom · 1967–2026

Torrey Canyon spill and creation of the IOPC Funds

The 1967 Torrey Canyon spill off south-west England led governments, the shipping industry and the oil industry to build a two-tier compensation system for oil spills from tankers. Later spills show where that system's limits fell.

119,000 t
Oil spilled in the Torrey Canyon grounding, 1967 (ITOPF)
Court ruling existsCase pending / contested
Introduced and invasive species · Turkey · 1869–2025

Lessepsian invasions: pufferfish in Turkey and bounty payments

Since the Suez Canal opened in 1869, hundreds of Red Sea species have entered the Mediterranean. On the Turkish coast, fishers report net damage from pufferfish, and the state pays a bounty for each one removed.

665,000
Pufferfish removed under Turkey's bounty scheme, 2020 to end of 2025
Tanker / shipping · Brazil · 2022

Brazil regulator cancels Karpowership floating power plant permits

Brazil's electricity regulator ANEEL cancelled authorisations for Karpowership's floating thermal plants in August 2022. The company had also been exempted from environmental impact assessment, and at stake is whether such plants can run without a full review.

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