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                    [Title] => Caltex cleared in ‘Paz’ sinking
                    [Summary] => US oil retailer Caltex (Philippines) Inc. was absolved of liability yesterday by the Court of Appeals (CA) for the world’s worst peacetime maritime disaster in 1987, court officials said.


The court upheld a 1997 lower court ruling that dismissed claims against the company by the operators of the Doña Paz ferry.


The ferry had been rammed in the dark by the M/TVector, a small oil tanker chartered by Caltex. It sank, resulting in the loss of about 3,000 lives off  Mindoro on Dec. 20, 1987.


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PRUDENTIAL GUARANTEE INSURANCE

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                    [ArticleID] => 317519
                    [Title] => Caltex cleared in ‘Paz’ sinking
                    [Summary] => US oil retailer Caltex (Philippines) Inc. was absolved of liability yesterday by the Court of Appeals (CA) for the world’s worst peacetime maritime disaster in 1987, court officials said.


The court upheld a 1997 lower court ruling that dismissed claims against the company by the operators of the Doña Paz ferry.


The ferry had been rammed in the dark by the M/TVector, a small oil tanker chartered by Caltex. It sank, resulting in the loss of about 3,000 lives off  Mindoro on Dec. 20, 1987.


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abtest

Caltex cleared in ‘Paz’ sinking

January 20, 2006 - 12:00am

US oil retailer Caltex (Philippines) Inc. was absolved of liability yesterday by the Court of Appeals (CA) for the world’s worst peacetime maritime disaster in 1987, court officials said. The court upheld a...

Headlines