Join our crew and become one of the 109,835 members that receive our newsletter.

Operators of Cosco Busan agree to pay local fisherman $3.6m in damages

Operators of Cosco Busan agree to pay local fisherman $3.6m in damages

Mike Schuler
Total Views: 24
January 5, 2011

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

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 109,835 members delivered daily straight to your inbox.