Singaporean firms whose ship ignited the Baltimore Bridge catastrophe fined $100 million
Briefly

The settlement, valued at $102 million, addresses the costs incurred by the disaster and prevents American taxpayers from bearing the financial burden of cleanup efforts.
Principal Deputy Associate Attorney General Benjamin C. Mizer remarked on reaching a significant milestone, emphasizing that the Justice Department secured this settlement swiftly after litigation began.
After the cargo ship collision, nearly 50,000 tons of debris was removed from the Fort McHenry Channel, highlighting the disaster's extensive impact and necessary recovery efforts.
The two Singaporean firms initially tried to limit their liability under an 1851 law, but were ultimately held responsible for the significant damages caused by the bridge collapse.
Read at Fortune
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