The owners and operators of the Cosco Busan, Fleet Management Ltd. and Regal Stone Ltd., have agreed to pay San Francisco’s local commercial fishermen approximately $3.65 million in damages as a result of the 2007 oil spill. The money will be will be spread across 120 people in seven different fisheries.
In August 2009, Fleet Management agreed to pay a $10 million criminal penalty after pleading guilty to federal charges of water pollution and falsifying documents.
More on this story at the San Francisco Chronicle
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(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
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