dandigirl
13 Dec 2014
Re: Gibraltar Explosion 2011 Fined £120,000. Manageable I think. Now for the civil case to be brought by the family of the man who died. Hopefully this can be settled out of court and quickly.
valuemanbuyer
11 Dec 2014
Re: Gibraltar Explosion 2011 COURT CONVICTS PORT EXPLOSION COMPANY ON HEALTH AND SAFETY CHARGESby Cristina CavillaStipendiary Magistrate Charles Pitto has delivered a damning verdict against Nature Port Reception Facilities, the company accused of breaching health and safety legislation in the lead up to the 2011 port explosion.Of the nine charges alleging that Nature failed to ensure the safety of workers at its North Mole tank farm, the judge found that five had been proved, two had been partially proved and two had not been made out. Mr Pitto said that he had no doubt that the plant’s staff ran the plant “responsibly and with an iron rod” but insisted that there was no command structure. He said: “Nature’s efforts to comply with the regulations ultimately lacked focus. They would consider processes but not necessarily see them through.” The company now faces hefty fines which the judge will deliberate and levy these on Friday.
Blanketstacker
10 Dec 2014
Re: Gibraltar Explosion 2011 I think Valueman is right: the insurers should carry the burden. It is interesting that some charges were not proven, and the court stated that it was a management and communications failure rather than anything inherent in the operations.As an aside the Bahrain naval base may offer an opportunity for a CTU deployment. I also note one of our competitors, MYX, is undertaking a fund raising. They were widely tipped for great things at the beginning of the year.I am still in here, and happy to be so.
Rab Munro
10 Dec 2014
Re: Gibraltar Explosion 2011 Well it isn't having much effect on the share price so far. Famous last words!
dandigirl
10 Dec 2014
Re: Gibraltar Explosion 2011 Gibraltar Chronicle: Gibraltar court convicts on health and safety charges. Company faces possibility of hefty fines to be delivered on Friday. Hmm.
dandigirl
28 Nov 2014
In today... Thought I would buy a few of these today as the recent fall appears to have steadied - famous last words - and the recent purchases by company directors and employees suggest confidence in the outlook.It's a bit sooner than I expected but thought that 17.85 was OK and that I could buy more when the price moves either way.
