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You are here: Home Archive 2009 August Weekly Edition 20th of August 2009 Fleet Management fined US$10m over Cosco Busan

Fleet Management fined US$10m over Cosco Busan

by Rajesh Joshi, New York last modified Aug 21, 2009 01:32 PM

The damaged Cosco Busan: US prosecutors said the guilty plea would send a warning signal.

US GOVERNMENT prosecutors have extracted a criminal fine of US$10m from Fleet Management, the operator of the Cosco Busan, for the discharge of more than 50,000 gallons of fuel oil into San Francisco Bay in a November 2007 casualty.

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