San Francisco Bay oil spill reaches settlement - WMC Action News 5 - Memphis, Tennessee

San Francisco Bay oil spill reaches settlement

SAN FRANCISCO (KTVU/CNN) - The companies responsible for a 2007 oil spill in San Francisco Bay have agreed to a more than $44 million settlement.

More than 50,000 gallons of oil spilled into the bay after a freighter hit the Bay Bridge. Thousands of birds and fish were killed.

The Hong Kong-based companies that own and operate the freighter are settling a civil lawsuit by federal and state agencies.

As for the freighter, Cosco Busan, it now goes by a new name, Hanjin Venezia. The freighter was renamed the year after the spill.

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