Pendulum Shipmanagement Inc., a ship management company, headquartered in Greece, pleaded guilty on Jan. 13 to charges that it conspired with members of the crew of the M/V Quantum, a commercial cargo ship, to defraud the United States by falsifying the vessel’s Oil Record Book, announced Acting United States Attorney Laurie Magid. United States District Judge Berle M. Schiller immediately sentenced the company to a $1.3m fine, a $1,600 special assessment, three years of probation, and ordered the company to implement an Environmental Compliance Plan. The false entries and omissions in the Oil Record Book pertained to the improper management and disposal of oily waste and ballast containing an oily mixture by the ship.