540 million dollars and a new tugboat. That’s what the Suez Canal Authority will receive by way of compensation for the damage allegedly caused by the grounding of the Ever Given, says the Middle East News Agency. The container ship left the Suez Canal just...
After grounding in the Suez Canal and subsequently being detained for more than three months in Egypt, shipping company Evergreen will regain control of its large container ship Ever Given on Wednesday. This follows an agreement about compensation to be paid to canal...
The owner of the container ship that blocked the Suez Canal in March will get the ship back this Wednesday. According to the Suez Canal Authority, a ceremony will be held that day to celebrate the signing of an agreement with the owner of the Ever Given and ‘the...
The insurers of the Ever Given have reached an agreement in principle with the Suez Canal Authority on the release of the vessel. The ship that blocked the Suez Canal for six days in March has now been detained there for three months. The main insurer, the UK P&I...
The owner of the container ship Ever Given, which blocked the Suez Canal for some time in March, has made a new offer of compensation to canal authority SCA. As a result, the parties have been given more time to negotiate on the compensation to be paid. Initially, a...
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