Jan 6, 2011

$3.65M in damages agreed in SF Bay spill



TWO SHIP management companies have reportedly agreed to pay $3.65M in damages in a class-action lawsuit resulting from the 2007 Cosco Busan oil spill.
Money from the settlement by Fleet Management and Regal Stone, announced yesterday, will be spread across 120 fishermen in the San Francisco area, plaintiff attorney Stuart Gross told the San Francisco Chronicle newspaper.
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Source: Safety at Sea

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