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Friday, October 26, 2012

Wrecked ship's owners plead guilty, fined in New Zealand

Handout picture of stricken container ship Rena remaining above water on east coast of New Zealand's North IslandWELLINGTON (Reuters) - The owners of a ship which smashed into a reef off a popular New Zealand holiday spot, causing the country's worst environmental disaster in decades, pleaded guilty to causing marine pollution and were fined on Friday. Daina Shipping, a unit of Greece's Costamare Inc., pleaded guilty to a charge of releasing harmful substances into the sea after its 47,230-ton Liberian-flagged Rena grounded on a reef a year ago. The company was fined NZ$300,000 ($246,000), half the maximum penalty it could have paid. ...



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