A catastrophic maritime incident on March 26, 2024, shook the Port of Baltimore to its core when the M/V Dali collided with the Francis Scott Key Bridge, causing a devastating collapse that claimed six lives.
The disaster was met with widespread disruption, as shipping came to a standstill and thousands of workers were affected by the incident.
The State's claims against Grace Ocean Private Limited and Synergy Marine Pte Ltd. arose from the cargo ship's allision with the bridge, resulting in significant damage to the structure and surrounding environment.
Liskow finalized the settlement for its client, the State of Maryland, marking a historic milestone in maritime law.
The Limitation of Liability Act of 1851 was invoked by Grace Ocean and Synergy Marine to cap their liability at approximately $43.7 million, but ultimately failed to mitigate the extent of the damages caused by the loss of the bridge.
A recent NTSB report identified a single loose signal wire in the ship's electrical control center as the cause of the blackout that led to the disaster.
The investigation also revealed that Hyundai Heavy Industries, the builder of the M/V Dali, bore fault for the ship's loss of power.
As the largest maritime property damage settlement in U.S. history, this incident highlights the need for improved safety measures and effective liability laws to prevent such tragedies from occurring in the future.
The largest single maritime property damage settlement in U.S. history highlights the importance of robust safety measures and effective liability laws.
