SBMA imposes $ 5,000 daily fine on Sokor shipping firm for oil-slick mishap

Hanjin Heavy Industries and Construction Co. (HHIC), a billion-dollar shipbuilding investor here, is being ordered to pay a daily fine of $ 5,000 or P265,150 due to an oil slick caused by a submerged landing craft tank (LCT) at the Agusuhin Point, prompting the Subic Bay Metropolitan Authority (SBMA) to field its new vessel to clean up mess.