Titanic law may help ship owner limit liability in connection with bridge collapse

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The owner of the Singapore-flagged ship that crashed into the Francis Scott Key Bridge in Baltimore , causing it to collapse, could face hundreds of millions of dollars in damage claims after it sent vehicles into the water and and impacted the eastern U.S. transportation network.

Legal experts, however, said there is a way to reduce liability under an obscure 19th-century law once invoked by the owner of the Titanic to limit its payout for that ship's sinking in 1912, according to The Straits Times.

Singapore-based Grace Ocean is the owner of the container ship called Dali that crashed into the bridge on Tuesday on its trip chartered by the shipping giant Maersk. Damages claims are likely to fall on the ship owner.

The company could face many lawsuits from multiple parties, including from the bridge's owner and the families of six workers who were presumed dead at the conclusion of a search and rescue mission in the Patapsco River.