Ever Given's Insurer Pushes Back on Suez Canal Authority Damages Ask
Satellite image ©2021 Maxar Technologies The Suez Canal Authority has impounded the Ever Given ship and is demanding $916 million in damages. The UK Club, an insurer of the ship, said the demand is "largely unsupported." There is no timetable for the ship's release but the insurer said it's working closely with the SCA. The Ever Given's insurer said it was "disappointed" by the Suez Canal Authority's decision to "arrest" the ship until it's paid nearly $1 billion after the vessel blocked all shipping traffic for six days in March. The head of the Suez Canal Auth...