Yang Ming Transport Corporation News

The owners and operators of the foreign-flagged container vessel Med Taipei have agreed to pay $3.25m to the United States to resolve allegations that the 15 containers lost overboard in 2004 resulted in long-term damage to the Monterey Bay National Marine Sanctuary (MBNMS), the Department of Justice and the Department of Commerce announced on July 25. The settlement in behalf of MBNMS, located off the coast of California, and the owners and operators of the vessel – All Oceans Transportation, Inc., Italia Marritema SpA and Yang Ming Transport Corporation – represents the largest damages awarded to date for damages to a national marine sanctuary. In February 2004, 15 containers fell overboard from the Med Taipei when the vessel was traveling on rough seas from San Francisco to Los Angeles.