Holland Maas Scheepvaart Beheer II has reached a €2.2m ($2.5m) settlement and paid €780,000 in fines for scrapping a boxship in India in breach of European waste export regulations.

The Dutch prosecutor had claimed the 14,000-gt HMS Laurence (built 1985) had been scrapped in conditions in Alang India that “cause serious damage to the environment and expose the health of workers and the local population to grave danger .”