Subscribe to RSS feedPollution levy to rise as Swire settles for $25m
The international shipping industry will have to pick up any shortfall between Swire Shipping settlement for the Pacific Adventurer bunker spill and its eventual cost, it emerged at the weekend.
Good outcome: Anthony Albanese credits "maturity" shown in negotiations
Swire Shipping had settled the compensation issue with the Queensland and Federal governments, agreeing to a $25m payment, the parties said.
While the clean-up and compensation bill was yet to be finalised, the Federal Government...
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