Rio Grande Transport, Inc.

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    Steamship Mutual asks US judge to cap liability to member

    A Bermuda-based protection and indemnity club has asked a United States judge to cap the limit of its liability concerning a claim by one of its members.Details are contained in a civil complaint filed by Tiber Shipping LLC, based in New York, owner of the M/V Tiber; Rio Grande Transport, Inc., based in New York, charterer of the M/V Tiber; and Steamship Mutual Underwriting Association (Bermuda) Ltd, of which the M/V Tiber was a member, at the U. S. District Court for the Southern District of Texas on September 18, 2008.