Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

California, U.S. Settle Suit in San Francisco Bay Oil Spill

Don't Miss Out —
Follow us on:

Sept. 19 (Bloomberg) -- California and the U.S. Justice Department reached a $44.4 million civil settlement with Regal Stone Ltd. and Fleet Management Ltd., whose ship struck the San Francisco-Oakland Bay Bridge in 2007.

The subsequent 53,000-gallon (200,000-liter) oil spill from the Cosco Busan container ship killed thousands of birds, harmed the 2008 herring spawn in the San Francisco Bay, spoiled miles of coastline and closed the bay and beaches in the area for recreation, California Attorney General Kamala D. Harris said today in a statement.

“This bay is the jewel of the San Francisco region and the Cosco Busan oil spill left a lasting scar across our water, natural habitats and wildlife,” Harris said. “This settlement will allow all of these precious resources to be restored to their original health and beauty.”

The captain of the ship pleaded guilty in 2009 to a negligence charge and was sentenced to 10 months in prison. Hong Kong-based Fleet Management, the company that operated the ship, pleaded guilty to criminal charges in 2009 and agreed to pay a $10 million fine.

A consent decree was filed today in federal court in San Francisco.

“Out of respect for the consent decree’s public comment period it would be inappropriate for us to comment at this time,” Darrell Wilson, a spokesman for Regal Stone, the ship’s owner, said in an e-mailed statement. “We regret that the accident occurred and deeply appreciate all those who contributed to the response.”

The case is U.S. v. M/V Cosco Busan, 07-6045, U.S. District Court, Northern District of California (San Francisco).

To contact the reporter on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net.

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.