The U.S. Department of Justice, Office of Public Affairs announced that Princess Cruise Lines Ltd. will plead guilty to seven felony charges for deliberately dumping of oily waste from its vessel the Caribbean Princess and pay a $40 million penalty which will be the “largest-ever criminal penalty involving deliberate vessel pollution.” Princess, a subsidiary of Carnival Corporation & plc (Carnival), through a plea agreement is agreeing to plead guilty to the use of a so-called “magic pipe” for oily waste dumping and the related and intentional cover-up.  As part of Princess’ plea agreement, vessels of eight of Carnival’s companies, including Carnival Cruise Line, Holland America Line N.V., Seabourn Cruise Line Ltd., and AIDA Cruises, will be put under a court supervised MORE