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Italian shipping firm fined 4M in US waste oil dumping case

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NEWARK, N.J. — An Italian shipping company must pay a $4 million fine for dumping oily waste and other pollutants at sea and then lying about it.Federal prosecutors in New Jersey say the sentence against d’Amico Shipping Italia S.p.A. was handed down Thursday. The company pleaded guilty in April to violating the Act to Prevent Pollution from Ships.The charge involved the oil tanker Cielo di Milano, which visited ports in New Jersey, Maryland and Florida in 2014 and 2015.The Palermo-based company admitted the ship’s crew intentionally discharged bilge water and oily waste from the engine room into the sea.It also admitted falsifying and destroying records and to lying to the Coast Guard during inspections.The $4 million penalty includes $1 million in organizational community service payments to restore the coastal environment of New Jersey.The Associated Press read more

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Most actively traded companies on the TSX

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by The Canadian Press Posted May 25, 2015 3:16 pm MDT Last Updated May 25, 2015 at 6:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Most actively traded companies on the TSX Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,187.40, down 13.36 points):Trevaili Mining Corp. (TSX:TV). Miner. Down one cent, or 0.93 per cent, at $1.07 on 1.7 million shares.Niko Resources Ltd. (TSX:NKO). Oil and Gas. Up 1.5 cents, or 3.9 per cent, at 40 cents on 1.5 million shares.Capital Power Corp. (TSX:CPX). Utility. Down eight cents, or 0.33 per cent, at $23.93 on 1.34 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up one cent, or 0.4 per cent, at $2.48 on 1.3 million shares.Pacific Rubiales Energy Corp. (TSX:PRE). Oil and Gas. Down 12 cents, or 1.97 per cent, at $5.98 on one million shares.Merus Labs International Inc. (TSX:MSL). Pharmaceuticals. Up three cents, or 1.03 per cent, at $2.95 on 920,000 shares.Companies reporting major news:Barrick Gold (TSX:ABX). Miner. Up one cent, or 0.07 per cent at $15.12 on 191,373 shares. Barrick, which has been looking to sell non-core assets as it streamlines operations and cuts costs, signed a deal to sell its Cowal mine in Australia to Evolution Mining for US$550 million. It plans to use the proceeds to pay down debt.Air Canada (TSX:AC). Airline. Up four cents, or 0.32 per cent, at $12.62 on 243,413 shares. Canada’s largest airline began its announced crackdown on oversized carry-on luggage beginning with flights out of Toronto’s Pearson International Airport. It intends to expand the program across the country in the next two weeks. read more