Screengrab from YT video posted by NTSB The State of Maryland has reached a $2.25 billion settlement with Grace Ocean Private Limited and Synergy Marine Pte Ltd, the owner and operator of the container ship M/V Dali that struck the Francis Scott Key Bridge in March 2024, causing its collapse. Maryland Attorney General Anthony G. Brown announced the settlement on Tuesday, saying it resolves the state’s claims against the vessel owner and operator. The settlement does not include claims against Hyundai Heavy Industries, the builder of the vessel, which Maryland said it will continue pursuing in court. Several media reports said the settlement amount is around $2.5 billion. The US federal government has earlier estimated the total damages from the accident at $5 billion, making it one of the costliest marine incidents ever recorded. The settlement covers claims filed on behalf of several Maryland agencies, including the Maryland Transportation Authority, the Maryland Port Administration, and the Maryland Department of the Environment. The claims included destruction of the bridge, environmental damage to the Patapsco River, lost toll revenues, and economic losses suffered by the state and its residents. The collapse happened on 26 March 2024 when the Dali crashed into a supporting column of the bridge. Six construction workers were killed in the incident. Maryland filed its claims in the US District Court in September 2024. The lawsuit alleged negligence, mismanagement, and reckless operation of a vessel that was not seaworthy and should not have left port. Before the settlement, Grace Ocean and Synergy Marine had attempted to limit their liability to about $43.7 million under the Limitation of Liability Act of 1851. The amount was based on the estimated value of the vessel after the disaster. State officials argued that the figure represented only a small portion of the overall losses caused by the collapse. Attorney General Brown said the bridge collapse caused damag