$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 ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Kudos to our friends at Splash247 for following up on the arrest of the MSC Gayane, which now appears to be on its way to Rotterdam, after operator MSC paid $50m in security bonds to release the vessel from the clutches of US authorities in the port of Philadelphia. Last month US customs operatives seized the largest ever consignment of cocaine aboard the vessel, and not only arrested several crew members but the entire vessel itself. However, Splash247 also reports that the shipping lies has agreed to return the vessel to US control should a judge enter a final forfeiture against. According to vesselsvalue.com the MSC Gayane is owned by JP Morgan Global Maritime, one of five container vessels it owns.
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