Cosco Busan Settlement (Episode 84)
Sep 29, 2011•6 min
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Episode description
State and federal trustee agencies will use most of the funds from a $36.8 million settlement of natural resource damages to restore natural resources injured by the Nov. 7, 2007 oil spill in the San Francisco Bay and to improve Bay Area recreational opportunities impacted by the spill. The funds are part of a $44.4 million settlement with Regal Stone Limited and Fleet Management Limited, the companies responsible for the container ship Cosco Busan that spilled 53,000 gallons of oil into the bay after hitting the San Francisco-Oakland Bay Bridge.
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