Three | E 60 News
SUBSCRIBE NOW
  • Home
  • District of Columbia
  • Maryland
  • Virginia
  • National
  • 6 Questions
  • Events
  • Poll
No Result
View All Result
  • Home
  • District of Columbia
  • Maryland
  • Virginia
  • National
  • 6 Questions
  • Events
  • Poll
No Result
View All Result
Three | E 60 News
No Result
View All Result
Home Maryland

DOJ Reaches $100 Million Settlement With Ship Owner In Baltimore Bridge Collapse

October 31, 2024
Baltimore Port Workers ‘Nervous’ As More Than 2,000 Remain Out Of Work
1.3k
VIEWS
Share on LinkedInShare on Twitter

The owner of the Dali container ship that crashed into Baltimore’s Francis Scott Key Bridge earlier this year, collapsing the span and killing six people, has agreed to pay more than $100 million in damages to resolve a Justice Department lawsuit, authorities said Thursday.

The Justice Department announced the settlement agreement in a news release, saying that the ship’s owner, Grace Ocean Private Ltd., and operator, Synergy Marine Pte Ltd., would pay $103 million in funds that would go to federal agencies affected by the collapse. That figure far exceeds the $43.6 million cap the companies had sought on the liabilities they could be made to pay — and signals the possibility of many more payouts on the horizon.

The state of Maryland, which owned and operated the Key Bridge, is pursuing separate damages, the department said, alongside dozens of others who have made claims against Grace Ocean and Synergy Marine since the disaster seven months ago. They and the Justice Department have asserted the companies knowingly let a dangerous and unseaworthy vessel out on the water.

Click here to read the rest of the article written by Katie Mettler over at The Washington Post

Previous Post

MCPS Superintendent Reveals Loss Of $39.3 Million In State Aid Due To Submission Error

Next Post

UMMS $540M Hospital Project Breaks Ground

Next Post
UMMS $540M Hospital Project Breaks Ground

UMMS $540M Hospital Project Breaks Ground

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Poll

What's your favorite part of the Preakness?

Trending

  • Breaking: County Council Political Firestorm Erupts Over Nonprofit Funding In Prince George’s County (Video)

    Breaking: County Council Political Firestorm Erupts Over Nonprofit Funding In Prince George’s County (Video)

    811 shares
    Share 0 Tweet 0
  • Maryland Loses Coveted AAA Bond Rating

    326 shares
    Share 0 Tweet 0
  • Moore Announces New Md Hiring Process Amid Federal Layoffs

    346 shares
    Share 0 Tweet 0
  • Erek Barron, Former U.S. Attorney For Maryland, Joins D.C. Law Firm

    276 shares
    Share 0 Tweet 0
  • How Big Is The Impact Of The Loss Of The Commanders And Six Flags To PGC?

    469 shares
    Share 0 Tweet 0

Upcoming Event

20 May 2025
10:30 am - 12:45 pm

05/20/25: Gilbane Building Company Bi-Annual Outreach Event

    View Detail
    No event found!
    Three | E 60 News

    We bring you daily curated news content impacting the small, local and minority business community.


    © 2025 Three | E Consulting Group. All rights reserved.

    Recent Posts

    Maryland Loses Coveted AAA Bond Rating

    Private Equity Firm Launches $10M Investment Accelerator For Family-Owned DC-Area Companies

    Moore Announces New Md Hiring Process Amid Federal Layoffs

    New Ethics Law Clamps Down On Future Maryland Governors’ Business Dealings

    Subscribe to Three | E 60 News

    No Result
    View All Result
    • District of Columbia
    • Maryland
    • Virginia
    • National
    • 6 Questions
    • Poll
    • Events
    • Subscribe

    © 2021 Three | Consulting Group - Site design by Three | E Consulting Group.