Bereaved families of two victims of a 2001 collision between a U.S. Navy submarine and a Japanese high school fishing vessel will reach a settlement with the Navy later this month in Tokyo, the families' lawyers said Tuesday.

The lawyers said they will sign settlement accords with the Navy at the U.S. Embassy on Jan. 31 on behalf of the relatives of Yusuke Terata, 17, who was a student at Uwajima Fisheries High School in Ehime Prefecture, and Toshimichi Furuya, 47, who was chief engineer of the school's fisheries training vessel Ehime Maru.

The families are the last among relatives of the incident's nine dead and the 26 survivors from the ship to reach a settlement with the Navy.

There were no casualties on the U.S. side.