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Violation Tracker Individual Record

Company: Regal Stone Limited and Fleet Management Ltd.
Current Parent CompanyFleet Management Ltd.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $44,400,000
Year: 2011
Date: September 19, 2011
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: The U.S. Department of Justice, the state of California, the city and county of San Francisco and the city of Richmond, Calif., signed and lodged a consent decree that requires Regal Stone Limited and Fleet Management Ltd., the owners and operators of the M/V Cosco Busan, to pay $44.4 million for natural resource damages and penalties and to reimburse the governmental entities for response costs incurred as a result of the 53,000 gallon oil spill that occurred when the vessel struck the bridge on Nov. 7, 2007.
Level of Government: federal
Action Type: agency action
Agency: Justice Department multiagency referral
Civil or Criminal Case: civil
HQ Country of Current Parent: Hong Kong
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: freight and logistics
Specific Industry of Current Parent: ocean shipping
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.