this post was submitted on 13 May 2024
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Interesting Global News

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An explosion blasted away debris trapping a cargo ship in the Patapsco River.

Archived version: https://archive.ph/3uP3y

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[–] [email protected] 12 points 4 months ago (2 children)

Grace Ocean and Synergy filed a petition on April 1 in Maryland federal court to limit their liability from the crash. If the court grants it, the companies’ liability could be limited to the present value of the ship, which they estimated to be $42.5 million, according to the petition. Source

Which would leave the tax payer footing the bill for the remaining $1.46B cost of reconstruction. Classic.

[–] [email protected] 12 points 4 months ago

Socialise cost and privatise profits.

Been the play for awhile now.

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