The International Oil Pollution Compensation (IOPC) Fund has revealed that it disbursed TT$43,974,688 in compensation to local entities as of December 31, 2025, following the oil spill from the barge Gulfstream, which ran aground off Tobago in February 2024.
The figures were detailed in the IOPC’s 2025 report, which was recently released.
Former Energy Minister Stuart Young, who led the past government’s response to the incident, said yesterday, “Thankfully, the former PNM Cabinet saw the merit in sending me to personally lead a team to the UK, where I advocated on behalf of Trinidad and Tobago at the IOPC on two occasions. This ensured a decision was made in our favour, allowing us to access the fund’s compensation mechanisms.”
He added, “There were legal hurdles we had to overcome to obtain the order we did. I’m happy to note today that Trinidad and Tobago has recovered, and continues to recover, significant sums of money related to the oil spill.”
On February 5, 2024, the barge Gulfstream—formerly known as the Sea Emperor—with a gross tonnage of 4,925 GRT, ran aground and capsized near Cove Reef in Tobago while carrying crude oil.
A report from Oil Spill Response Ltd (OSRL) stated that the “ghost barge” had been towed by the tug Solo Creed from Panama to Guyana. The tug’s crew released the barge after it began listing, and after drifting for three days, it ran aground off Tobago’s south coast.
The spill affected surrounding areas, including Kilgwyn Bay, Canoe Bay, and as far as Scarborough. According to the IOPC report, the barge discharged an estimated 4,652 metric tonnes of fuel oil along Tobago’s coast—equivalent to over 50,000 barrels—contaminating mangroves, reefs, and beaches, and causing long-term ecological damage. Fishing, tourism, and local business activity were severely impacted, and some oil drifted as far as Bonaire.
The then-Energy Ministry, under Young, assisted the Tobago House of Assembly’s Tobago Emergency Management Agency (TEMA) in mobilising resources to manage the emergency. These efforts included containing the spill, cleaning affected areas, draining the oil from the barge, and refloating it—a process completed by August 2024. The barge was then sailed to Trinidad and anchored at Sea Lots.
The past government sought compensation from the IOPC for those affected and launched efforts to track the tug and pursue legal action against its owners. In May 2024, the tug was arrested in Angola for breaching oil field exclusion zones and remained anchored in Luanda Bay. However, the IOPC report noted that the tug escaped from arrest in November 2024 and “remains at large.”
As of December 31, 2025, the IOPC’s 1992 Fund Focal Point Office in Trinidad—established in June 2024—had received 357 claims totalling US$48.5 million. These claims related to clean-up operations in Tobago and Bonaire, as well as the fisheries sector. Of these, 236 claims were assessed, with TT$29,803,751 in payments made. The Fund continues to engage with potential claimants and local authorities to ascertain the full extent of losses, with total compensation paid reaching TT$43,974,688.
IOPC Claims Manager Mark Homan noted, “There have been many ambiguities and uncertainties since the incident, and despite ongoing investigations, there remains a lack of definitive information regarding the true ownership of the Gulfstream due to unverified documentation submitted to the registry.”
He added, “This has affected the handling of the incident, but not the processing of claims. Despite the absence of an insurer, the IOPC Fund has served the victims in Trinidad and Tobago and paid compensation in accordance with the Convention. With the assistance of local authorities, we have already been able to swiftly assess and pay a substantial proportion of the clean-up claims submitted.”
