Oregon settles with owners of New Carissa
The Oregon Department of State Lands (DSL) reached a settlement with the owners of the wood chip carrier NEW CARISSA regarding removal of the wreckage. The owners have agreed to pay $22.1m, which the state will use to pay its legal expenses and to complete the wreck removal. The DSL released a Fact Sheet discussing the settlement process; a Summary providing an overview of the grounding on February 4, 1999 and some subsequent developments related to the wreckage; and a Timeline discussing all major events including attempts to burn the fuel onboard with napalm, the re-grounding of the bow section, and the ultimate sinking of the bow section using a torpedo fired by a US Navy submarine.
source: HK Law