Home / Shipping News / International Shipping News / MV EVER GIVEN owner wants to pay $150M as compensation down from $600M: Egypt’s Suez Canal chairman
MV EVER GIVEN owner wants to pay $150M as compensation down from $600M: Egypt’s Suez Canal chairman
Chairman of the Suez Canal Authority Osama Rabie stated in a phone-in Sunday that the Japanese Company owning MV EVER GIVEN, Shoei Kisen Kaisha, wants to reduce the compensation sum from $600 million to $150 million.
It is noted that the authority had slashed the reimbursement sum by one third forfeiting its right in reputation compensation. The current amount requested is to make up for the costs incurred to free the container ship that got aground for six days on March 23-29, and for the revenues lost due to the blockage of the international waterway, which made the international trade endure $9.6 billion in losses daily throughout the stranding.
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