Owner of El Faro agrees to pay 3 Maine families in settlement

- The families of three Maine residents who died when the cargo ship El Faro sank in October have accepted settlements from the ship's owner.

Court documents say the El Faro's owner, Tote Services Inc., has agreed to pay $500,000 to the families of Michael Holland, Danielle Randolph and Dylan Meklin for "pre-death pain and suffering" and an unspecified amount for economic loss caused by the deaths.

So far, the company has settled with the families of 14 of the 33 crew members who died.

It has said that is pursuing settlements with the families of all the victims.
 
The 790-foot-long El Faro sank in Hurricane Joaquin Oct. 1 while sailing from Jacksonville to San Juan, Puerto Rico.

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