Unless negligence or misconduct is found, the owners and operators of the container ship that polluted San Francisco Bay with a 53,000 gallon oil spill will have liability limited to $39 million, according maritime insurance experts.
The incident, which is the subject of a federal criminal investigation, occurred on Nov. 7 when the Cosco Busan, hit a tower of the San Francisco Bay Bridge, gashing open its hull, the U.S. Coast Guard said.
Chris Kende, a member of Cozen O'Connor law firm's international insurance practice, said under the U.S. Oil Pollution Act of 1990, containership vessels are strictly liable for spills with a limit of $600 per ton.
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