SHIPPING
The Andrea Doria Settlement
The six months of legal wrangling between the Swedish American and Italian lines over the responsibility for the An drea Doria's sinking (TIME, Aug. 6) came to an abrupt halt last week. In a quiet, unpublicized meeting held under the stern eyes of their London underwriters, the owners of the Stockholm and Andrea Doria reached an out-of-court settlement that 1) ended their attempts to fix the blame on each other, and 2) made it possible to establish a fund for payment...
To continue reading:
or
Log-In