Per Maritime Law, the ship owner and charterers are limited in the amount of their liability. In the United States, the limit, except as to claims for personal injury and wrongful death, is the value of the ship and the earnings of the voyage on which it was engaged at the time of the casualty.
The basic condition is that the party asserting it must be free from "privity or knowledge" in the words of the United States statute. The ship owner is entitled to limit his liability for the negligence of the master or crew, but not for his own personal negligence or the decisions of management personnel.
In other words... what is the value of that ship and cargo?
Since the cargo was containers full of trash... virtually zero value.
The ship may be worth $10 Million to $20 Million.
The bridge will likely cost over $1.5 Billion to replace.
Per Maritime Law, the ship owner and charterers are limited in the amount of their liability. In the United States, the limit, except as to claims for personal injury and wrongful death, is the value of the ship and the earnings of the voyage on which it was engaged at the time of the casualty.
The basic condition is that the party asserting it must be free from "privity or knowledge" in the words of the United States statute. The ship owner is entitled to limit his liability for the negligence of the master or crew, but not for his own personal negligence or the decisions of management personnel.
In other words... what is the value of that ship and cargo?
Since the cargo was containers full of trash... virtually zero value.
The ship may be worth $10 Million to $20 Million.
The bridge will likely cost over $1.5 Billion to replace.
So once again We The People will get fucked.....welcome to the USA.