Costamare Shipping Co. S.A. Case Settlement
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Costamare Shipping Co. S.A. Case Settles for $30,000
Costamare Shipping Co. S.A. (Athens, Greece), paid $30,000.00 in penalties to the California Air Resources Board (CARB), for violating the Ocean-Going Vessels fuel regulations. The violations were discovered during a routine inspection by CARB staff. This settlement was reached on March 11, 2019. An investigation by CARB showed that the Costamare Shipping Co. S.A. vessel, Cape Akritas, failed to operate on compliant fuel upon entry into Regulated California Waters in 2018. CARB alleged four days of violation for a penalty of $7,500 per day. Costamare Shipping Co. S.A. took prompt action after being notified of these violations and, under CARB’s supervision, began operating in a compliant fashion. To settle the case, Costamare Shipping Co. S.A. agreed to the $30,000.00 penalty for the violations and to comply with CARB regulations.