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Reading: Shipping Companies Settle for $100M in Baltimore Bridge Disaster
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Baltimore Bridge Settlement
PhotoNews Pakistan > World > Shipping Companies Settle for $100M in Baltimore Bridge Disaster
World

Shipping Companies Settle for $100M in Baltimore Bridge Disaster

Web Desk
By Web Desk Published October 25, 2024 2 Min Read
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The Francis Scott Key Bridge in Baltimore collapsed in March following a collision with a container ship, Photo Credits: Anadolu Agency via Reuters.
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The Singaporean cargo ship owners responsible for the Francis Scott Key Bridge collapse in Baltimore have agreed to a $100 million settlement with the U.S. Justice Department.

The incident, which occurred on March 26 when the M/V Dali struck the bridge, resulted in the deaths of six road workers and disrupted a vital shipping channel.

Grace Ocean Private Ltd and Synergy Marine Private Ltd will pay $101.1 million to cover the costs of emergency responses and removing bridge debris from the Fort McHenry Channel, which leads to Baltimore’s port. This settlement resolves the civil suit and addresses the disaster’s financial impacts.

The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than US$100 million to settle a lawsuit brought by the U.S. Justice Department.

READ MORE: https://t.co/xfZnXMXnyphttps://t.co/xfZnXMXnyp

— Globalnews.ca (@globalnews) October 24, 2024

Benjamin Mizer, a senior official at the Justice Department, highlighted the settlement as a significant step following one of the most severe transportation disasters in recent history. He emphasized that this resolution ensures Grace Ocean and Synergy, not American taxpayers, bear the cleanup costs.

BREAKING: Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US https://t.co/BqfH9lFGiq

— The Associated Press (@AP) October 24, 2024

It is important to note that this settlement does not address the costs for the bridge’s eventual reconstruction, which remains separate under the state of Maryland’s jurisdiction. Additionally, the families of the deceased workers are pursuing their legal actions.

Read: Cargo Ship Collision Causes Francis Scott Key Bridge Collapse in Baltimore

The Fort McHenry Channel, crucial for the automotive industry, reopened for commercial navigation on June 10.

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