Theagreement comes just a week before the scheduled start of a trial over theallegedly defective engine that sparked the blaze, according to CunninghamBounds, the law firm that represented the US shipbuilder in the dispute.

The casecentred on the explosion and fire that struck the 12,600-bhp anchor handlingtug-supply vessel (AHTS) Seacor Sherman while it was under construction atBender’s former yard in Mobile, Alabama.