And the ship's owners just filed their petition, asking their liability be limited to the value of the ship's cargo: $43.7 million. The ship has $3.1 billion in insurance coverage, but the law still allows this dance from 1851 for no good reason.

From 6d ago

So uhhhh is the ship insured

It'll be insured (and reinsured), though not at a level sufficient to rebuild the bridge.

If you really want to rot your brain, go poke around the Limitation of Liability Act of 1851 and ask why on Earth that's still the law in 2024.

    • @Sushi_Desires
      hexbear
      9
      3 months ago

      Supposedly the captain called the harbor master (or whatever) like instantly when the ship lost power, and you can see the traffic stopped literally just in time, like it collapsed maybe 10 seconds after the last civilian vehicle cleared. In the clearest video on twitter, there appeared to be at least 4 vehicles from bridge/service workers up there when it collapsed. People on twitter were saying on of the people escaped unharmed, but Idk if that is true

    • RNAi [he/him]
      hexbear
      6
      edit-2
      3 months ago

      Probably the captain/conductor/whatever is charged for that, not the company.