Shipping companies paying almost $97M to settle oil spill off Southern California coast ...Middle East

Shipping companies agreed to pay $96.5 million to settle a lawsuit with the operator of the crude oil pipeline that ruptured in October 2021, spilling tens of thousands of gallons of oil off the coast of Southern California. Amplify Energy, the company that operates the pipeline, announced on Wednesday that it had reached an agreement with the companies that owned and operated the MSC Danit and COSCO Beijing — two cargo ships it accused of dragging anchors during a winter storm and damaging the pipeline. “We are eager to move forward and turn the page on this unfortunate and preventable event,” Martyn Willsher, the president and CEO of Amplify, said in a statement. Amplify had ac

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Shipping companies paying almost $97M to settle oil spill off Southern California coast ...Middle East

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