The High Court has allowed the owner of the Panama-registered ship which collided with the Demerara Harbour Bridge (DHB) last month to lodge the sum of $245.5m as limited liability compared to the more than $1b being sought by the bridge company and the vessel has now left Guyana’s waters.
The limited liability application which was made by Panamanian company, Canama Trading, which owns the vessel—the Tradewind Passion—was granted last Friday by High Court Judge Fidela Corbin-Lincoln.
Canama Trading’s position has been that if it is at all liable for any damage, it would be only for $244,944,006.21.