Singapore-based Grace Ocean seeking to limit its liability to about $59 million.
Wreckage of the Francis Scott Key bridge lies across the deck of the Dali cargo vessel, as salvage work continues in Baltimore on April 1.last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to about US$43.7 million .
But if they are held liable, it should not be for more than the current value of the ship and its cargo, the companies said. Following the crash, the total value has fallen from as much as US$90 million to US$43,670,000, according to the filing in federal court in Maryland. The law that would enable Grace Ocean to curb its liability was also used by the owner of a dive boat that caught fire off the coast of southern California in 2019 and killed 34 people. In that case, boat owner Truth Aquatics filed its petition to a California federal court three days after the fatal voyage took place.
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