Loading...
Market
What will be the size of the oil spill from Ultra Galaxy cargo ship by August 31, 2024?
2
Resolution / Starting Odds
No oil spill • 25%
Minor oil spill (less than 1000 barrels) • 25%
Moderate oil spill (1000 to 5000 barrels) • 25%
Major oil spill (more than 5000 barrels) • 25%
Environmental impact reports and news outlets
Story
South African Authorities Rush to Prevent Oil Spill from Grounded Cargo Ship Ultra Galaxy
Jul 11, 2024, 01:24 PM
The South African Maritime Safety Authority has dispatched two salvage tugs to save the cargo ship, Ultra Galaxy, which has run aground off the coast of Brand se Baai on the west coast of the Western Cape. Authorities are rushing to prevent a potential oil spill and pollution from the grounded vessel, raising oil spill concerns. Salvage operations were in high gear on Thursday to address the situation.
View original story
Similar markets
Less than 10,000 barrels • 25%
10,000 to 50,000 barrels • 25%
50,001 to 100,000 barrels • 25%
More than 100,000 barrels • 25%
Yes • 50%
No • 50%
No spill • 25%
Minor spill (less than 10,000 barrels) • 25%
Moderate spill (10,000 to 50,000 barrels) • 25%
Major spill (more than 50,000 barrels) • 25%
Less than 1,000 tons • 25%
1,000 to 2,000 tons • 25%
2,000 to 3,000 tons • 25%
More than 3,000 tons • 25%
No legal actions • 25%
Fines imposed • 25%
Lawsuits filed • 25%
Both fines and lawsuits • 25%
Less than 10 square kilometers • 25%
10 to 50 square kilometers • 25%
50 to 100 square kilometers • 25%
More than 100 square kilometers • 25%
Less than 1,000 tons • 25%
1,000 to 2,000 tons • 25%
2,000 to 4,300 tons • 25%
More than 4,300 tons • 25%
Yes • 50%
No • 50%
