Tag Archives: Titanic Act

More Info on Dive to Titanic, Titanic Liability Law Being Used In Bridge Collapse, Titanic Exhibition Coming to Boston

RMS Titanic pictured in Queenstown, Ireland 11 April 1912
Source:Cobh Heritage Centre, Cobh Ireland/Wikimedia Commons

The BBC is reporting that the upcoming dive by RMS Titanic Inc. will be gathering the most detailed photographic record of the wreck. They will be using state of the art technology and remotely operated  vessels to go over every part of the ship they can.

Francis, J. a. a. A. (2024, July 12). RMS Titanic shipwreck: Bid to make ultimate photo record. https://www.bbc.com/news/articles/c1we095wzv1o

=

NTSB drone image of Francis Scott Key Bridge and Cargo Ship Dali (26 Mar 2024)
NTSB
Public Domain via Wikimedia Commons

When the freighter Dali struck the Francis Scott Key Bridge in Baltimore, it sought protection from liability using an 1851 law called Shipowners’ Limitation of Liability Act of 1851. This act was famously used by the owners of Titanic to limit liability claims and became known as the Titanic Act since then. This act limits the liability by setting the value to just the value of the ship and its contents. It is from this pool that all liability payments will be drawn from. This forces all claims to go to this one court and limits the damages the company pays. The act was done to prevent American ship owners from having to pay out huge liability awards that could result in the company shuttering.

Now this limitation is quite striking when you consider air or rail disasters that result in significant legal damages often having to be paid either by court judgment or settlements. So for a ship owner, this can really keep you from being sued for astronomical sums of money. The downside, of course, is that for those who lost cargo or relatives, the money to be paid out will be quite small. Now the law does have some qualifications. If it can be proven the ship owner was negligent, then they cannot get coverage under this law. In the case of the Dali, they are using the act to limit the damages they will pay out. Not only did a bridge come down but several people died. So the City of Baltimore is challenging their claim arguing they were negligent and thus cannot be afforded protection under this act. The city is only going to get $300 million from Chubb, and the cost of building a new bridge will be a lot higher than that. A good review of the law and how it will be used in this particular case was done by two New York attorneys who wrote for their state bar association. It is worth a read to understand how this law works.

Reilly, R., & F. Gleason, T. (2024, July 10). What does the Titanic have to do with the Francis Scott Key Bridge collapse? New York State Bar Association. https://nysba.org/what-does-the-titanic-have-to-do-with-the-francis-scott-key-bridge-collapse/

=

Exhibition News

Titanic: The Artifact Exposition is coming to Boston on 17 October 2024. It will be at the Saunders Castle at Park Plaza. For information and details, go to https://titanicboston.us/ for information on dates, times, and how to purchase tickets.

https://www.prnewswire.com/news-releases/titanic-the-artifact-exhibition-coming-to-boston-302192296.html

Suggested Reading

Brewster, H. (2013). Gilded Lives, Fatal Voyage: The Titanic’s First-Class Passengers and Their World. National Geographic Books.

Eaton John P. & Haas Charles, TITANIC TRIUMPH AND TRAGEDY, SECOND EDITION, W.W. Norton & Company, New York, New York, 1995 First American Edition

Lord, Walter, A NIGHT TO REMEMBER, Holt Rinehart and Winston, New York, New York, 1955. Multiple revisions and reprints, notably Illustrated editions (1976,1977,1978 etc.)

Titanic News Channel is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.