Maryland Reaches Settlement Over Baltimore Bridge Collapse with Ship Owner
Maryland has reached a settlement with Grace Ocean Private Limited and Synergy Marine Pte Ltd, the owner and operator of the cargo ship M/V Dali, which crashed into the Francis Scott Key Bridge in March 2024. The crash led to the bridge's collapse, resulting in the deaths of six road crew workers and significant economic disruption. The settlement, announced by Attorney General Anthony Brown, resolves part of the state's claims against the companies. The incident halted operations at the Port of Baltimore and caused widespread economic impacts across Maryland. The settlement includes a $350 million agreement with ACE American Insurance Company, matching the state's insurance policy limit. However, claims against the shipbuilder, Hyundai, remain unresolved.