It appears to have become the costliest Maritime Accident in history:
PS: Who think this “settlement” will be paid in full, or that this will be the end of it?
And they talk about rouge States
No wonder the US merchant fleet is so crap if this is what they do to Jonny Foreigner
Legally the owners and operators were complicit in their knowledge of the modifications and were unable to limit their liability. The separation between the owner of record and the real owners hiding behind the corporate walls is likely to be so opaque that the courts will find a little change down the back of the couch.
The operator will have even less.
Yes the Exxon Valdez is/was the biggest US settlement for a maritime claim:
Not sure how much the final bill ended up at:
This is far below the settlement for the Deepwater Horizon blowout:
Synergy fires back:
Normally I actually hate that big corporations can hide behind Brass Plaques.
But in this case I am glad that after paying a Kings Ransom to the Lawyers The State of Baltimore will come away with Chump Change .
Oh and of course the scrap value of the brass.
Singapore always first
History tells us that catastrophic events such as the Dali destruction of the Key Bridge are rarely settled by a single court case, Master Mariner Naveen Singhal explains why
https://www.seatrade-maritime.com/accidents/dali-disaster-in-baltimore-legal-saga-set-to-run