ISMAILIA. KAZINFORM Egypt s Suez Canal Authority (SCA) announced on Sunday the captain of Ever Given was fully responsible for the grounding of the huge cargo vessel that blocked the canal for six days in March.
Egypt Reduces Its Compensation Demands From Ever Given to $550 Million albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Egypt Court to Rule on Ever Given in Suez Canal on Sunday
May 22 2021, 10:36 PM
May 22 2021, 6:28 PM
May 22 2021, 10:36 PM
(Bloomberg)
(Bloomberg)
An Egyptian court will make a decision on Sunday about a claim by Egyptâs Suez Canal Authority against the owner of the massive container ship that blocked the vital waterway for almost a week in March.
The 400-meter-long Ever Given is owned by Japanâs Shoei Kisen Kaisha Ltd. and was chartered by Taiwanâs Evergreen Line when it got stuck in the southern end of the waterway for six days, roiling shipping markets.
The Suez Canal Authority wants compensation to cover the loss of transit fees, damage to the waterway during the dredging and salvage efforts, and the cost of equipment and labor.
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Suez Canal Authorities (SCA) At Fault Over Stranding Ever Given, Says Japanese Owner
Japanese company Shohei Kisen argued that Panamanian flagged Ever Given veered off its course because SCA insisted that ship was “good to enter in bad weather.
IMAGE: AP
World s largest container ship, MV Ever Given that had stranded sideways blocking Egypt’s key maritime route Suez Canal was caused due to the negligence of the Suez Canal authorities, an attorney disputing the compensation claims said Saturday. The Suez Canal Authority had earlier last month slapped a $916.5 million claim against Japanese vessel owner Shoei Kisen after the vessel ran aground and halted the world’s supply of goods cargoes, and oil tankers causing a massive backlog and trade loss worth billions.
By Reuters Staff
1 Min Read
CAIRO, May 20 (Reuters) - Egypt’s Suez Canal Authority said on Thursday its revenues in April were $552 million compared with $476 million in the same month last year.
The canal’s authority said 1,814 ships transited in April, up from 1,731 ships in the same month last year.
A massive container ship blocked the waterway in late March causing a huge backlog of vessels waiting for passage in what is the fastest shipping route between Europe and Asia. (Reporting by Yusri Mohamed; Writing by Nadine Awadalla; Editing by Chris Reese)