|Broad Funding to Meet Future Requirements
As a result of the substantial financial backing of the MPA member base,
MSRC has more comprehensive spill response resources than any other
Oil Spill Removal Organization (OSRO). MSRC does not have to rely on
revenues from infrequent spill events in order to ensure readiness, perform
responsible preventive maintenance on its equipment or expand its
capability in proven new response technologies.
Further, due to the federal tax-exempt structure of MPA and MSRC, member
funding never goes toward meeting owner or investor profit expectations.
Overall, MPA funding positions MSRC to best respond to its customers and
fulfill their emerging regulatory requirements.