Tanker's captain, insurer told to pay $1.7 billion for oil spill
Posted On: Dec. 21, 2018 5:45 AM CSTSpain's Supreme Court ruled that the captain and insurer of the Prestige oil tanker which sank in 2002 must pay $1.7 billion for environment-related damage, WTOC.com reported. The court said that captain Apostolos Mangouras and The London Owners Mutual Insurance Association shall pay the damages to Spain, France, authorities in Spain's Galicia region and to 269 companies among others. The tanker sprang a leak and sank off northwest Spain polluting a long stretch of coastline and damaging the area's fishing grounds.