"Limiting Liability: Ship Owners' Efforts After Key Bridge Collapse"
TL;DR Summary
Companies linked to the cargo ship involved in the Key Bridge collapse are seeking protection from liability under the Limitation of Liability Act, proposing a payout cap of $43.67 million. The companies claim the casualty was not due to their fault and are subtracting repair and salvage costs from the vessel's value. The bridge collapsed after the cargo ship lost power, resulting in fatalities and ongoing salvage operations.
Topics:nation#bridge-collapse#grace-ocean-private-ltd#key-bridge#legal-maritime-accident#limitation-of-liability-act#synergy-marine-group
- Ship's companies seek to protect against liability from bridge collapse WBAL TV Baltimore
- Owner of the Dali seeks to limit liability in Key Bridge collapse in Baltimore The Baltimore Banner
- Owners of cargo ship in Baltimore Key Bridge collapse seeks limited liability Fox Baltimore
- Officials studied Baltimore bridge risks, but not cargo ship collision The Washington Post
- Owner of ship that destroyed Key Bridge asks to cap liability at $43 million Maryland Daily Record
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