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CARNIVAL (NYSE: CCL) FINED BY US DEPARTMENT OF JUSTICE

  • A $20 million fine issued for environmental violations
  • Carnival paid $40 million in fines two years ago for similar violations

The US Department of Justice has fined Carnival Corp. (NYSE: CCL), a Florida-based international cruise line, and its subsidiary Princess Cruise Lines, $20 million for environmental violations.

Carnival has been found guilty for dumping plastic and other waste overboard. A $20 million fine comes only two years after Carnival paid $40 million for dumping oil-contaminated waste into the sea, in addition to five-year probation.

The firm pleaded guilty to committing six probation violations.