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Singapore owner of Dali seeking from cargo owners their share of salvage costs in Baltimore bridge incident

by Riah Marton
in Leadership
Singapore owner of Dali seeking from cargo owners their share of salvage costs in Baltimore bridge incident
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OWNERS of cargo onboard the Singapore-flagged vessel Dali that hit and caused a Baltimore bridge to tumble have been asked by the shipowner to share the salvage costs, which are expected to be ““extraordinary”.

Maersk, which chartered the ship when it slammed into the Francis Scott Key Bridge on Mar 26, has confirmed to The Business Times that the Singapore-based shipowner Grace Ocean has declared General Average.

This is a maritime principle where all parties involved in a sea voyage shoulder the costs of acts undertaken for the preservation of the ship and cargo from the peril…

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Tags: BaltimoreBridgeCargoCostsDaliincidentOwnerOwnerssalvageSeekingShareSingapore
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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