Current:Home > StocksOwner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs -FutureFinance
Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
View
Date:2025-04-17 07:45:23
BALTIMORE (AP) — The owner of the massive container ship Dali, which caused the deadly collapse of Baltimore’s Francis Scott Key Bridge last month, has initiated a process requiring owners of the cargo on board to cover some of the salvage costs.
The ship’s owner, Singapore-based Grace Ocean Private Ltd., made what’s known in maritime law as a “general average” declaration, which allows a third-party adjuster to determine what each stakeholder should contribute, according to company spokesperson Darrell Wilson.
The requirement is often invoked after maritime accidents so that the cost of saving a vessel or its cargo is shared among interested parties, Wilson said. In this case, it pertains to costs associated with refloating the Dali, which remains stuck with sections of the fallen bridge draped across its damaged bow.
Crews are working to remove some shipping containers from the Dali before lifting pieces of the wreckage and freeing the ship. They’re also working to clear debris from the Port of Baltimore’s main channel, which has been largely blocked for weeks, halting most commercial traffic through the major shipping hub.
A routine practice dating back centuries, the general average declaration marks the ship owner’s latest effort to minimize its financial responsibility in what could become one of the most expensive maritime disasters in history.
Grace Ocean and the ship’s management company, Synergy Marine Group, filed a petition soon after the collapse seeking to limit their legal liability — another routine procedure for cases litigated under U.S. maritime law.
Six members of a roadwork crew plunged to their deaths in the collapse. Attorneys for some of their families and a survivor pledged to challenge that petition and hold the companies accountable.
One of the cargo owners, Mediterranean Shipping Company, announced last week that it was informed of the general average declaration by the Danish shipping giant Maersk, which chartered the Dali. The declaration indicates the ship’s owner anticipates “extraordinary costs for which they expect contribution from all salvaged parties,” the company’s release said.
Officials have said the Dali and its cargo — about 4,000 shipping containers — will return to the Port of Baltimore once the ship is refloated.
The Dali departed Baltimore’s port early on March 26 laden with cargo destined for Sri Lanka. It lost power before reaching open water and struck one of the supports for Francis Scott Key Bridge, causing the span to collapse into the Patapsco River. Police rushed to stop bridge traffic after a last-minute mayday call from the ship’s pilot, but couldn’t save the roadwork crew. Two of the victims are still unaccounted for.
Both the FBI and the National Transportation Safety Board are conducting investigations into what led to the disaster.
veryGood! (3)
Related
- Nevada attorney general revives 2020 fake electors case
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Olympics track highlights: Quincy Hall wins gold in 400, Noah Lyles to 200 final
- Hampton Morris wins historic Olympic weightlifting medal for USA: 'I'm just in disbelief'
- Meta donates $1 million to Trump’s inauguration fund
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Hello Kitty's 50th Anniversary Extravaganza: Shop Purr-fect Collectibles & Gifts for Every Sanrio Fan
- USA's Jade Carey will return to Oregon State for 2025 gymnastics season
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
- Highlights from Trump’s interview with Time magazine
- Watch: 5 things you need to do before your next trip
- Snooty waiters. Gripes about the language. Has Olympics made Paris more tourist-friendly?
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
Former Colorado clerk was shocked after computer images were shared online, employee testifies
'Finally:' Murdered Utah grandmother's family looks to execution for closure
South Korean president's party divided over defiant martial law speech
Connie Chiume, South African 'Black Panther' actress, dies at 72
'1 in 100 million': Watch as beautiful, rare, cotton candy lobster explores new home
Blake Lively receives backlash for controversial September issue cover of Vogue