The Biden Department of Justice reached a $102 million settlement with the ship’s owner and operator following the collapse ...
Grace Ocean and Synergy filed a court petition just days after the collapse seeking to limit their legal liability in what could become the most expensive marine casualty case in history.
The trial will determine whether the ship’s owner and operator can cap their financial liability in the disaster to just ...
The settlement comes a month after the Justice Department sued the ship’s owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both based in Singapore, seeking to recover funds from ...