Princess Cruise Lines To Pay $40M For Deliberate Oil Pollution

Law360, Miami (December 1, 2016, 10:57 AM EST) -- Princess Cruise Lines agreed Thursday to pay a record $40 million settlement to end charges that it illegally dumped oil-contaminated waste from a ship in U.K. and U.S. ports and tried to hide it from authorities.

The Crown Princess, a cruise ship operated by Princess Cruise Lines, returns to port in Florida. (AP) The U.S. Department of Justice announced the deal in Miami, where the Carnival Corp. subsidiary pled guilty to seven felony charges over the illegal dumping of waste from its Caribbean Princess cruise ship....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.