The ship that took down the Baltimore bridge was owned by a Singaporean firm

Israel has confirmed that seven members of the World Central Kitchen charity were killed by its forces in Gaza while they were traveling in a convoy bearing the charity’s logo, which had coordinated their movements with the Israeli military.
Appointing an independent investigation, Prime Minister Benjamin Netanyahu called the lethal assault on the relief workers “tragic” and unintentional.
After unloading over 100 tonnes of food aid that had been transported to Gaza by sea, the convoy left a warehouse in Deir el-Balah when it was hit.
On Tuesday, a number of assistance organizations, such as WCK, ceased their activities in Gaza.
It is imperative for the groups to ascertain if their employees are capable of safely delivering aid within the area.
To convey its “unequivocal condemnation of the appalling killing” of the WCK workers, the UK called Israel’s ambassador to London.
“To guarantee the security of relief workers on the ground, Israel needs to provide a prompt explanation and implement significant adjustments,” British Foreign Secretary David Cameron stated on X.
White House spokesperson John Kirby told reporters during a briefing in Washington, “We were outraged to learn of an IDF [Israeli army] strike that killed a number of civilian humanitarian workers yesterday from the World Central Kitchen.”.

NEUTRAL

For cases handled under U.S. law, the companies’ “limitation of liability” petition is a standard but significant procedure. S. nautical law. The ultimate decision regarding who bears responsibility and how much they owe for what may turn out to be one of the most expensive disasters of this kind is made by a federal court in Maryland.

Grace Ocean Private Ltd. is situated in Singapore. owns the Dali, the ship that crashed into the bridge early on Tuesday after losing power. Synergy Marine Pte Ltd. is the ship’s manager, and he is also located in Singapore.

A liability cap of approximately $43.6 million is sought by the companies in their joint filing. The vessel was owed more than $11 million in freight income, with an estimated value of up to $90 million. Two significant costs are also subtracted from the estimate: salvage costs of at least $195.5 million and repair costs of at least $28 million.

Under a pre-Civil War provision of an 1851 maritime law, the companies filed under the aim of limiting their liability to the value of the vessel’s remains in the event of a casualty. According to James Mercante, a maritime lawyer with over 30 years of experience in New York City, it’s a tool that has been used as a defense in many of the most prominent maritime accidents.

“This represents the initial phase of the procedure,” Mercante stated. “At this point, every claim needs to be submitted in the case. “.

Martin Davies, director of Tulane University Law School’s Maritime Law Center, stated that cases such as this usually require years to be resolved.

“I don’t think it’s going to be that complicated in legal terms, although it’s a huge case with a very unusual set of circumstances,” he stated. The facts, in my opinion, are what will take the longest to resolve because all the legal requirements are quite clear. What specifically went wrong, and what might have been done differently?

The bridge collapse may surpass the record of approximately $1.05 billion held by the 2012 shipwreck of the Costa Concordia cruise ship off Italy, according to a report from credit rating agency Morningstar DBRS. This would make the bridge collapse the most costly marine insured loss in history. According to Morningstar DBRS, the total insured losses from the Baltimore tragedy may range from $2 billion to $4 billion.

The highway bridge, which spans the Patapsco River and is 11.6 miles (20.6 kilometers) in length, collapsed while eight workers were on it. Two were saved. Two additional people’s remains were found. Four are still missing and thought to be deceased.

The Port of Baltimore, a significant shipping hub, was closed by the wreckage, which might have cost the local economy hundreds of millions of dollars in lost labor revenue in just the following month.

Rebuilding the fallen bridge could cost at least $400 million or even twice as much, according to experts, though a lot will depend on the new design.

In maritime law cases, the amount of money awarded to families for wrongful death claims is determined by a number of factors, one of which is the amount of money the deceased individual would have likely provided to their family in the event of their death.

In general, funeral costs and the “loss of nurture,” or the monetary equivalent of any moral, spiritual, or practical guidance the victim would have been able to give their children, may also be included in wrongful death damages.

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