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The state Board of Land and Natural Resources issued a $117,471.97 fine against the Albert Revocable Trust for coral and live rock damage caused by the grounding of the private luxury yacht Nakoa at Honolua Bay in northwest Maui earlier this year. The board is still contemplating and is open to seeking any kind of fair and reasonable penalty against the operator, Jim Jones and Noelani Yacht Charters, LLC, for damages done to cultural and natural resources.

The proposed fine was deteremined by DAR based on in-house matrices used to assign monetary values to marine species and the area that was damaged.

A trust affiliated with the luxury yacht that was grounded for two weeks on the West Maui shoreline will pay a fine of around $117,000 for the damages and costs

A March 10 press release issued by the Office of the Hawaii Attorney General reported that the Hawaii Supreme Court upheld a 2016 decision by the State Land

The new members will be dealing with a number of hot-button issues, including Mauna Kea management, military leases and  aquarium fishing.