$102m settlement agreed in first case after MV Dali's Baltimore bridge crash
The US has settled its civil case against the owner and operator of the MV ...
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
Baltimore City is taking legal action against potentially liable parties involved in the collapse of the Francis Scott Key Bridge, including the owner, charterer, manager/operator and manufacturer of the MV Dali.
Skip to 9.12 on the latest episode of The Loadstar Podcast to hear guests discuss the ‘blame game’ of the bridge collapse costs:
The lawsuit is intended to recoup “significant economic and environmental loss on behalf of the city of Baltimore and its residents”, reports gCaptain. And it can be safely assumed that, if successful, Grace Ocean and Synergy Marine will be shelling out substantially more than its $43.7m original liability limit.
After MV Dali’ owner Grace Ocean and manager Synergy Marine had filed their petition to limit liability, Baltimore mayor Brandon Scott said he needed to act “equally as quickly”.
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