Sanford, New Zealand's largest listed fishing company, faces three charges relating to illegal dumping of oil into the sea.
Sanford is charged with illegal discharge of a harmful substance, oil, from its Korean foreign charter fishing vessel Pacinui, failure to notify Maritime New Zealand of the discharge and failure to notify a pollution incident, the nation's marine regulator said in a statement.
Sanford is conducting its own internal investigations into claims by former Indonesian crew members that onboard machinery for separating ship-board waste wasn't used correctly on one day in January, the Auckland-based company said in a statement. Sanford's shares were unchanged at $4.40.
The discharge of a harmful substance carries a maximum penalty of two years' imprisonment or a fine of $200,000 while the other two charges carry a maximum fine of $100,000 and for a continuing offence, a further fine not exceeding $20,000 per day, Maritime New Zealand said.
The case is to be called in the Timaru District Court on Aug. 26.
(BusinessDesk)
Tina Morrison
Wed, 11 Jul 2018
Wed, 11 Jul 2018
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Sanford faces charges relating to illegal dumping of oil at sea
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