Canadian authorities have fined a Greek-owned panamax bulker for speeding in the Gulf of St. Lawrence.

The Goulandris Brothers-managed 87,238-dwt Pelaton (built 2010) was fined CAD 6,000 ($4,885) by Transport Canada for the offence which took place in August.

It has 30 days to pay the penalty or to ask the Transportation Appeal Tribunal of Canada to review the facts of the violation or the amount of the penalty.