Norwegian chemical shipping group Stolt-Nielsen will pay US$290 million to MSC to settle claims resulting from the fatal explosion that claimed the lives of three crew members on MSC Flaminia in 2012.
The parties informed the US courts this week that the matter has been settled. While the terms are confidential, the settlement amount was disclosed in Stolt-Nielsen’s 1Q 2024 results, which stated that the Norwegian company received US$133 million from its insurers to partially settle the MSC...
https://container-news.com/stolt-nielsen-to-pay-msc-us290-million-to-settle-msc-flaminia-claim/