Foss Maritime has settled for $3.375m five years after one of its ships smashed into a bridge in Kentucky.

Local media said the payment will be made to the Kentucky Transportation Cabinet. No other details were released.

The 4,000-dwt Delta Mariner (built 2000) took out a 322-feet section of Eggner’s Ferry Bridge in January 2012.

The state spent $7m to replace it.