The owner of the luxury yacht Formosa, which damaged hundreds of feet of coral in Kailua Bay, was ordered to pay a settlement of $100,000. While this is a hefty fine, the damage done to the coral was extensive. Once the payment is made, the money will go into a trust fund which will be used for coral restoration in West Hawaii. Major Damage Photographs and video footage of the yacht’s anchor and chain lying on the coral surrounded by
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