• Kyodo

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An international maritime compensation fund will award up to 1.24 billion yen in damages to the tourism industries in four prefectures along the Sea of Japan for a 1997 oil spill from a Russian tanker, according to people involved in the case.

The London-based International Oil Pollution Compensation Fund has almost finished assessing a total of 3.5 billion yen in compensation demands filed by Ishikawa, Fukui, Kyoto and Hyogo prefectures and put the total damages at 1.24 billion yen.

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