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Three cruise CEO’s sold their Carnival (CCL) stock a week ago for a combined total of nearly $9,500,000, according to Market Digest.
On December 29,2016, Stein Kruse, the CEO of Holland America Group, Alan Buckelew, the Chief Operations Officer of Carnival Corporation, and David Bernstein, the Chief Financial Officer and Chief Accounting Officer of
The DOJ has a history of not arresting cruise executives notwithstanding how widespread the dumping of oil or chemicals in the nations’s waters may be. Will the most recent dumping incidents by Carnival’s subsidiary, Princess Cruises, culminating in a $40,000,000 fine be any different?
Throughout the 1990’s, Royal Caribbean engaged in repeated dumping of everything
The $40,000,000 fine levied against Princess Cruises last week raises the issue of what cruise executives knew about the illegal dumping of oil-contaminated waste from the Caribbean Princess cruise ship and the other illegal practices which took place on the Star Princess, Grand Princess, Coral Princess and Golden Princess.
As the Department of Justice (DOJ)
Multiple news sources are reporting that the U.S. Department of Justice (DOJ) will fine Princess Cruises a record $40,000,000 for polluting the seas and trying to cover it up. Princess Cruises will plead guilty to seven felony charges of illegally dumping oil-contaminated waste from the Caribbean Princess cruise ship which sailed to numerous U.S. states