Coast Guard opens Oil Spill Liability Trust Fund, begins recovery off Kahala Beach

The Coast Guard opened the Oil Spill Liability Trust Fund for $25,000 to pay for costs associated with pollution recovery operations resulting from a boat grounding near Kahala Beach, Oct. 28, 2015. A 46-foot fishing vessel with three people aboard ran aground in the surf near Diamond Head with an estimated 200-500 gallons of diesel oil, two propane tanks and four batteries remain on board. U.S. Coast Guard courtesy photo/Released.

The 46-foot fishing vessel, Lisa 1 aground near Kahala Beach U.S. Coast Guard photo.

HONOLULU – The Coast Guard has opened the Oil Spill Liability Trust Fund for $25,000 to conduct pollution mitigation operations after the 46-foot fishing vessel, Lisa 1, with three people ran aground near Kahala Beach 6:20 a.m. Wednesday. No injuries or pollution were reported.

An underwater survey of the Lisa 1 revealed the hull of the fishing vessel had not been breeched. As a precaution, the Coast Guard has contracted a local emergency response clean-up contractor specializing in preventative oil recovery to remove an estimated 200-500 gallons of diesel oil and other potential environmental hazards from the vessel. Recovery operations are scheduled to begin Thursday morning.

The decision to open the OSLTF came after the owner was unable to conduct salvage operations.

The OSLTF is a stable source of Federal funding that makes it possible for cleanup equipment and personnel to be instantly deployed, provides money to compensate claimants for damages from pollution and provides money to restore natural resources.

The OSLTF was created in August 1990 when President George H. W. Bush signed the Oil Pollution Act (OPA) into law.

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