Shipping Company Fined $3.5M

Friday, July 02, 2004
The U.S. Attorney for the Western District of Washington issued a Press Release stating that a Norwegian shipping company was sentenced to pay a fine of $3.5 million for seven felony violations relating to falsification of records concealing the intentional dumping of waste oil into the ocean. In addition, the company was ordered to develop and implement a comprehensive environmental compliance program and serve four years on probation. The violations were reported by a crewmember, who has been awarded $300,000 for his actions. (Source: HK Law)
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Petrobras Denies Hiring JPMorgan for License Sales

PetrĂ³leo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.

USCG Makes Change in Fort Pierce Inlet Safety Zone

The Coast Guard has made a change in the Fort Pierce Inlet safety zone Thursday afternoon. Recreational vessels with less than six-foot draft are now allowed

 
 
Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0932 sec (11 req/sec)