shipowner agrees to pay 140 billion won for 'baltimore bridge collapse'

Photo Source: Yonhap News

The owner and operator of the Singapore ship, which crashed into the Francis Scott Key Bridge in Baltimore Port in March, agreed to pay $102 million and 140 billion won in our money to the U.S. Department of Justice.

According to foreign media, the two Singaporean companies that owned and operated the large container ship "Dali," which caused the accident, and the U.S. Department of Justice agreed in a lawsuit filed by the U.S. Department of Justice to recover the cost of cleaning debris after the bridge collapsed.

Last month, the Justice Department filed a lawsuit in federal court against the two companies seeking more than $100 million in compensation for their response to the bridge collapse and debris clearing.

The Ministry of Justice explained that the amount agreed this time does not include the cost of rebuilding the collapsed bridge.

The bridge reconstruction is estimated to cost about $2 billion (about 2.76 trillion won), which has been separately charged by the Maryland government, the main operator of the bridge's construction and operation.

Maryland is pursuing bridge reconstruction with the goal of completion in the fall of 2028.

Earlier on March 26, the 2.6km-long Francis Scott Key Bridge collapsed when the ship Dali, which was leaving Baltimore Port, lost power control and collided with a bridge.Six workers working at the scene were killed in the

accident, and the Port of Baltimore was closed for a while, crippling logistics traffic and wreaking havoc on the local economy.