• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

US judge approves shipping companies’ $102 million settlement with DOJ over Baltimore bridge collapse

by October 25, 2024
written by October 25, 2024

WASHINGTON (Reuters) – A U.S. judge on Friday approved a $102 million settlement by the companies that owned and operated the ship that struck Baltimore’s Francis Scott Key Bridge in March, killing six people.

The payment resolves the U.S. government’s claims after the Justice Department in September filed a civil claim seeking $103 million from two Singaporean companies, Grace Ocean Private Limited and Synergy Marine Private Limited.

A spokesperson for the companies said on Friday they had agreed to pay even though they deny liability. The spokesperson also noted the companies are fully insured for the settlement costs and that no punitive damages have been imposed.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Intel to invest more than $28 billion to build two chip factories in Ohio
next post
China Evergrande’s EV unit to cease discussions for stake sale

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

      October 29, 2025
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

      October 24, 2025
    • X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

      October 24, 2025
    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (660)
    • Stock (6,426)

    Latest News

    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    Popular News

    • Nvidia denies rumours it will cut supplies to China
    • Boeing raises about $21 bln in share sale

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy