Companies agree to pay US$45M over California oil spill

  • 📰 CTVCalgary
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Shipping companies have agreed to pay US$45 million to thousands of Southern California fishermen, tour companies and property owners who sued after an offshore oil spill sent crude washing ashore, attorneys said Thursday.

A tentative settlement was reached after months of negotiations between the MV Beijing and MSC Danit and their associated companies and the businesses and residents who sued them, the plaintiffs' lawyers said in a statement.Climate Barometer newsletter: Sign up to keep your finger on the climate pulse

Southern California residents and business owners sued the Houston-based oil company seeking compensation for their losses, as well as the shipping vessels that Amplify said damaged the pipeline when they dragged their anchors across it during a January 2021 storm.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines