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Polembros Shipping LTD. Pleads Guilty to Crimes Related to Pollution from Cargo Ship Traveling to New Orleans; Company has agreed to pay $2.7 million criminal fine.

Publication: M2 Presswire
Publication Date: 01-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-1 October 2009-US Department of Justice: Polembros Shipping LTD. Pleads Guilty to Crimes Related to Pollution from Cargo Ship Traveling to New Orleans; Company has agreed to pay $2.7 million criminal fine(C)1994-2009 M2 COMMUNICATIONS

RDATE:30092009

WASHINGTON -- Polembros Shipping LTD., a ship management company headquartered in Greece, pleaded guilty today in federal court in New Orleans for violating anti-pollution laws, ship safety laws, and making false statements during a U.S. Coast Guard investigation of the M/V Theotokos, the Justice Department announced.

According to the plea agreement, Polembros will pay a $2.7 million criminal fine and a separate $100,000 community service payment to the Smithsonian Environmental Research Center, a subunit of Smithsonian Institute. The money will be used to research and mitigate the effects of marine invasive species suspected to be transported in ballast waters of ocean-going vessels. Invasive species can threaten native species and damage the ecosystems of the United States.

As part of the plea agreement, Polembros will also serve three years probation. As a condition...

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