The federal government and the state of Hawaii have reached an agreement for damages from the owner of a cargo ship that harmed more than 100,000 coral colonies several years ago when it ran aground off Oahu.
The Honolulu Star-Advertiser reports Denak Ship Management and Vogetrader Shipping Inc. will pay $840,000 to the National Oceanic and Atmospheric Administration.
The agency says the 733-foot (223-meter) bulk carrier Vogetrader with a load of coal damaged 103,027 coral colonies when it ran aground Feb. 5, 2010.
The National Oceanic and Atmospheric Administration will use $695,657 to restore or protect coral reef habitat and oversee restoration. The rest of the money will reimburse the agency for assessing damage.
The public will have 30 days to comment on the settlement.
Was this article valuable?
Here are more articles you may enjoy.
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts
Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
These Five Technologies Increase The Risk of Cyber Claims