Acting Gov. Richard J. Codey has signed legislation increasing liability limits for owners and operators of vessels that discharge hazardous substances into state waterways. The move came nearly a year after an oil tanker leaked hundreds of thousands of gallons of oil into the Delaware River. The legislation raises the liability for vessel owners and operators from $150 to $1,200 per gross ton for each offending vessel, up to a maximum charge of $50 million. State law requires company payment, regardless of the cause of the spill. Codey said it would force shipping companies to take more environmental protections.
Was this article valuable?
Here are more articles you may enjoy.
How California’s Huge Raises for Fast-Food Workers Will Ripple Across Industries 
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers 
Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud 
California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme From This Issue
