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FacebookTwitterEmailLinkedin The insurance company ACE American, which paid $350 million to the state of Maryland after the 2024 collapse of the Francis Scott Key Bridge, has reached a settlement with the owner and operator of the cargo ship Dali, Grace Ocean Private Ltd. and Synergy Marine Group. The agreement was announced in federal court in Baltimore, though its terms were not disclosed. This marks one of the first settlements among many parties seeking damages from the companies tied to the ship, and more agreements could follow as a June 1 trial approaches. RelatedNews OOCL names world’s largest methanol dual-fuel containership Grounded MSC Baltic III set to be removed by 2027 var jnews_module_21369388_0_6a022f910699e = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21369388","include_category":"","exclude_category":"","include_author":"","include_tag":"4004,2969","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable","ads_position":1,"ads_random":"","ads_image":"","ads_image_tablet":"","ads_image_phone":"","ads_image_link":"
Baltimore Key Bridge insurance company reaches settlement
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