The settlement, cleared Friday by a United States district judge, settles the US government's claims against Singapore-based firms Grace Ocean Private Limited and Synergy Marine Private Limited, ensuring that the costs of the federal government's cleanup efforts in the Fort McHenry Channel are borne by the shipping companies and not the American taxpayers.
A spokesperson for the Singaporean companies noted they had agreed to the payment even though they deny liability. The companies are fully insured for the settlement costs, with no punitive damages imposed.
However, the shipping firms still face multiple unresolved claims related to the bridge disaster from various entities, including the state of Maryland and the families of the deceased.
Wilson, speaking for the companies, highlighted their readiness to defend against claims and establish their lack of responsibility, indicating the ongoing implications of the incident for all involved.
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