Oil spill company to pay $2 million
Agents for the owner of a cargo ship that dumped 54,000 gallons of oil into San Francisco Bay have agreed to pay the city $2 million for damages caused by the spill.
City Atty. Dennis Herrera said the agreement announced Sunday was an “initial payment,” not a final settlement.
Thousands of birds died, oil-fouled beaches were closed, and Northern California’s crabbing season was delayed after the 900-foot Cosco Busan sideswiped the Bay Bridge, cutting a huge gash in its hull.
The agreement was reached with Hudson Marine Management Services acting on behalf of the ship’s Hong Kong-based owner, Regal Stone Ltd.
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