El Faro owner settles with families after tragic wreck

Relatives of the deceased crew members from the tragic wreck of container ship El Faro in the Caribbean last year have reached a settlement with the owner of the ship, Tote Maritime.

Photo: Tote Maritime/Bloomberg

Several relatives of the seafarers who went down with the US-flagged container vessel El Faro off the Bahamas in October last year have reached a settlement with the ship's owner, Tote Maritime Puerto Rico, writes The Maritime Executive Tuesday.

A total of ten families have settled with the carrier for USD 500,000 per family, and this marks the conclusion so far of the legal aftermath of the tragic accident in which the ship sank when it was caught in tropical hurricane Joaquin off the coast of the Bahamas.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs