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General Maritime Corporation
General Maritime Corporation Provides Update on Genmar Defiance
December 14th, 2008
General Maritime Corporation (NYSE:GMR) (the "Company") announced that a jury in the Southern District of Texas federal court returned guilty verdicts against two vessel officers of the Genmar Defiance, one of the Company's wholly-owned Aframax vessels, and General Maritime Management (Portugal) L.D.A. ("GMM Portugal"), a subsidiary of the Company, on two counts for violating the Act to Prevent Pollution from Ships and 18 USC 1001, respectively, in connection with an investigation and trial previously reported by the Company relating to potential failures by shipboard staff to properly record discharges of bilge waste during the period of November 24, 2007 through November 26, 2007....
Source: Pharma Investments, Ventures & Law Weekly (2008-12-14)
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