Ship Owner To Pay $102M For Bridge Collision Cleanup

The Associated Press reports:

The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse have agreed to pay more than $102 million in cleanup costs to settle a lawsuit brought by the Justice Department, officials said Thursday.

The settlement does not cover any damages for rebuilding the bridge, officials said in a news release announcing the agreement. That construction project could cost close to $2 billion. The state of Maryland has filed its own claim seeking those damages, among others.

The settlement comes a month after the Justice Department sued the ship’s owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both based in Singapore, seeking to recover funds from the cleanup.

Read the full article.

Two Singaporean corporations that own and manage the Dali cargo ship – which struck Baltimore’s Francis Scott Key Bridge in March – will pay over $100 million in a settlement to cover costs of cleaning up the collapse site.
https://t.co/Qcz3b2HjIp

— CBS Philadelphia (@CBSPhiladelphia) October 25, 2024