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You are here: Home Archive 2009 August 17 US$10m for Cosco Busan oil spill

US$10m for Cosco Busan oil spill

by Rajesh Joshi - Lloyd's List last modified Aug 17, 2009 11:53 AM

US Government prosecutors have extracted a US$10m fine from Fleet Management, the operator of the Cosco Busan, for the discharge of more than 189,000 litres of fuel oil into San Francisco Bay in November 2007.

The company has also pleaded guilty on felony charges involving obstruction of justice and making false statements through shore-based supervisors “with intent to deceive the US Coast Guard”.

The US$10m fine includes US$2m earmarked for marine environmental projects.

A US federal judge...

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