DALI

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Latest news

Dali arrived at Fuzhou Port

The 'Dali' has arrived at the Fuzhou Port on Nov 13 after a nearly two-month journey from Norfolk, Virginia. The vessel had already undergone some repairs and is to be repaired more extensively at the Fujian Huadong Shipyard in the Luoyuan Bay Port Area. The repair plans are including a complete replacement of the bow. It was challenging to bring the vessel properly into the port due to the extensive damage. The vessel has no functioning anchors, and much of the machinery, including the thrusters, was damaged in the accident. Meanwhile, the litigation against the vessel's owner and operator was still ongoing and expected to extend to mid-2026. The owner, Grace Ocean, and the operator, Synergy Marine, have invoked an 1800s admiralty law to limit their liabilities to $44 million, whereas authorities state that the admiralty law in question is obsolete and are seeking the remuneration of all damages incurred.

Grace Ocean and Synergy Marine agreed to pay $102m to resolve a civil claim

The Justice Department announced that the Grace Ocean and Synergy Marine, the Singaporean corporations that owned and operated the 'Dali', have agreed to pay $102m to resolve a civil claim brought by the US five weeks ago for costs borne in responding to the collapse of the Francis Scott Key Bridge in Baltimore. A host of other court cases was ongoing. The settlement does not include any damages for the reconstruction of the Francis Scott Key Bridge. The state of Maryland built, owned, maintained, and operated the bridge, and attorneys on the state’s behalf filed their own claim for those damages. The settlement is only a small part of the massive legal claims the owners and operators are facin for the allision. Other cases include suits filed by the city of Baltimore, the state of Maryland, and families of the victims plus a number of businesses who lost money from the supply chain chaos that followed the accident. While Grace Ocean and Synergy have sought to cap their liabilities to just $43.67m, Maryland’s attorney general, Anthony Brown, has said he will seek a far higher figure in damages. The 'Dali' is actually underway to a ship repair base in the Fujian province with an ETA as of Nov 8.

Consol Energy coal company added to the growing list of claims against Dali owner and manager

The Consol Energy coal company has added to the growing list of claims against the owner and manager of the 'Dali', suing the Grace Ocean Private Ltd. and Synergy Marine Group for damages related to the Key Bridge collapse that were expected to exceed $100 million, according to a lawsuit filed in a federal court in Maryland on Oct 15. Grace Ocean and Synergy Marine, which owned and managed the container ship, filed for liability protection less than a week after the accident, attempting to limit their liability to $43.7 million by invoking the Limitation of Liability Act of 1851. But Canonsburg, Pennsylvania-based Consol (NYSE: CEIX), which operates a coal export terminal in Baltimore, contends – as do all others claiming damages resulting from the bridge collapse – that the owner and manager were negligent and therefore their liability should not be limited As a result of the blockage arising from the allision, the claimant was required to effectively shut down operations at its Consol Marine Terminal [CMT], limiting the company’s ability to ship coal for overseas export, resulting in severe economic impact including revenue loss and loss of storage,. The claimant has suffered and will continue to suffer damages in the form of lost profits and lost business as a result of the Key Bridge collapse attributable to the allision. The nearly two-month shutdown of CMT between March and May was reflected in the company’s second-quarter earnings. Throughput volume at CMT was down 57%, to 2.3 million tons, compared with the same period a year ago. CMT net income and adjusted earnings were $2.3 million and $5.2 million, respectively, in the second quarter compared to $21.1 million and $23.9 million, respectively, in 2023.