The owner of the Singapore-flagged ship that crashed into a Baltimore bridge may face hundreds of millions of dollars in damage claims. Legal experts suggest a 19th-century law could limit liability. The ship owner's insurance and maritime law will play key roles in determining the outcome of the claims.
Key Points
Ship owner could face significant lawsuits from various parties
1851 law may cap the ship owner's liability
Insurance by the Britannia Protection and Indemnity Club may play a crucial role
Legal experts and maritime law will be key in resolving the claims
Pros
Possible limitation of liability under a 19th-century law
Ship owner's insurance may help cover costs
Cons
Facing potential hundreds of millions in damage claims
Legal complications and uncertainties surrounding liability