Carnival settles pollution lawsuit with state of Alaska

Carnival Cruise ship Belching out Fumes

Carnival Corp. has settled with the Alaska Department of Environmental Conservation over allegations that Carnival Cruise Line violated Alaska's standards that regulate visible air pollution from marine vessels.

Carnival said the settlement was reached Aug. 6, 2016, and resulted in a payment "not material to our consolidated financial statements."

The disclosure was made in Carnival's 2016 annual report filed with securities regulators.

Carnival said Alaska in 2015 issued notices of violation to all major cruise lines operating in Alaska, including its Princess Cruises and Holland America Line brands, the two biggest lines in the market.

Carnival said it is cooperating with Alaska and "conducting its own internal investigation into these matters."