Oceanco yacht
Credit: Guillaume Plisson

Oceanco reaches €150,000 settlement over improper use of Myanmar teak

2 December 2024 • by Gabrielle Lazaridis

The Public Prosecution Service of the Netherlands (Openbaar Ministerie) has reached a €150,000 settlement with Dutch shipyard Oceanco over the use of Myanmar teak that did not comply with the rules outlined in the European Timber Regulation (EUTR). 

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