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Ever Given Settlement Says Neither Side Should Make Further Demands
A settlement between the Suez Canal and the owner and insurers of the Ever Given container ship stipulates that neither party would make further demands, the head of the canal authority said on Wednesday.Osama Rabie told reporters that the agreement included the payment of a lump sum, without giving further details.
Ever Given Exits Egyptian Waters
The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m.
Agreement in Principle Reached Over Ever Given
A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute with the canal authority.Work was under way to finalize a signed settlement agreement as soon as possible and arrangements for the release of the Ever Given vessel would be made after formalities had been dealt with…
Investigator Boards Ever Given in Suez Canal Blockage Probe
Divers inspected the hull of the Ever Given on Wednesday as the man tasked with investigating how the giant container ship ran aground, choking off international trade through the Suez Canal for almost a week, boarded the vessel.Lead investigator Captain Sayed Sheasha, who boarded the Ever Given on Wednesday afternoon, told Reuters that the investigation would include examining the seaworthiness of…
Ever Given Begins Exit from Suez Canal
The Ever Given, one of the world's largest container ships, resumed its journey to leave the Suez Canal on Wednesday, 106 days after becoming wedged across a southern…
Ever Given's Insurer Appeals Detention by Egypt
UK P&I Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian court over the detention of the vessel by authorities.The Ever Given has been anchored in a lake between two sections of the canal since being dislodged on March 29 and is caught in a legal dispute linked to a $916 compensation claim made by the SCA against the ship's Japanese owner.UK Club, the Ever Given's protection & indemnity (P&I) insurer,
Ever Given Returns to the Suez Canal
The giant container ship Ever Given, which blocked the Suez canal for six days in March, crossed the waterway on Friday for the first time since it left Egypt after the incident.The ship, en route from the United Kingdom to China, crossed the canal among a convoy of 26 vessels sailing from the Mediterranean Sea to the Red Sea, the Suez Canal Authority (SCA) said in a statement. Another 36 ships crossed…
Ever Given Insurer Says Egypt's Reduced Claim is Still Too High
UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related losses was still "exceptionally large".The Suez Canal Authority (SCA) adjusted its claim from an initial $916 million in an effort to settle out of court, SCA head Osama Rabie told private TV network MBC Masr on Saturday.The Ever Given…
Suez Canal Controlled Ever Given's Speed Before It Grounded, Insurer Says
The speed of a container ship that blocked the Suez Canal in March was controlled by the Egyptian waterway’s operator before it ran aground, the vessel’s insurer said on Thursday.The statement from UK Club came after the head of the Suez Canal Authority (SCA) said the ship was sailing too fast when it became grounded, but that the canal bore no responsibility.The Ever Given, one of the world’s largest container ships, is still being held in the canal while both sides continue compensation talks.
Ever Given's Suez Canal Detention Order Lifted
An Egyptian court has lifted the detention order on the Ever Given container ship, allowing its expected release from the Suez Canal on Wednesday, a lawyer and judicial sources said.The Ever Given's owners and insurers announced on Sunday that they had reached a settlement with the Suez Canal Authority (SCA) over compensation for the ship becoming grounded in March and blocking traffic in the waterway.The ship has been held under court order in a lake between two stretches of the canal since it
Egypt's President Orders Preparations for Lightening Ever Given Cargo
Egyptian President Abdel Fattah al-Sisi has ordered preparations for lightening the cargo of the giant container ship grounded in the Suez Canal, the head of the canal’s authority told Egypt’s Extra News on Sunday.The Ever Given containership has been blocking the waterway since Tuesday and salvage teams have been hoping to free it with dredgers and tugs without unloading any of its cargo.(Reporting by Omar Fahmy Writing by Aidan Lewis)
Ever Given Held in Egypt as Compensation Talks Continue
A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim…
Suez Canal: 140 More Ships to Pass Through on Tuesday After Ever Given Unstuck
The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that disruptions to global shipping and at ports could take months to resolve.The blockage threw global supply chains into disarray, threatening costly delays for firms already wrestling with COVID-19 restrictions, and nearly doubled rates for…
Investigation Begins Into How Ever Given Got Stuck in Suez Canal
Formal investigations into how the giant container ship Ever Given ran aground in the Suez Canal, shutting down shipping in the major global waterway for almost a week, begin on Wednesday, a canal official told Reuters.The six-day blockage threw global supply chains into disarray after the 400-metre-long (430-yard) ship became jammed diagonally across a southern section of the canal, the shortest shipping route between Europe and Asia.Egypt’s Leth Agencies said on Wednesday that a total of 163 s
Suez Canal: All Ships Stranded by Ever Given Grounding Pass Through
All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the canal by Saturday, ending the backlog that built up during the blockage, the canal authority said.The last 61 ships, out of 422 ships that were queuing when the vessel was dislodged on Monday, passed through the vital trade artery on Saturday, the Suez Canal Authority (SCA) said.International…
The Ever Given is on the Move; the Suez Canal Reopens
A largescale salvage operation has freed one of the world's biggest containerships from blocking global trade through the Suez Canal, services firm Boskalis said Monday, enabling the resumed flow of maritime commerce through one of the world’s most important shipping arteries.At high tide on Monday, a team of tugboats was able to dislodge the 20,000 TEU Ever Given's bulbous bow from the bank of the canal where it had been stuck for nearly a week.
Court Allows Suez Canal to Keep Holding Ever Given
An Egyptian court on Sunday rejected a complaint by the Japanese owner of a container ship that blocked traffic in the Suez Canal for six days in March against the vessel's continued detention by canal authorities, a lawyer said.The Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.The complaint was attached to a case at the economic court in Ismailia in which the Suez C
Suez Canal Blames Ever Given Grounding on Speed, Rudder
The container ship that got stuck in the Suez Canal in March was struggling to steer because of its high speed and the size of its rudder, and could have chosen not to enter the waterway in bad weather, the canal authority's head told Reuters.The comments by Suez Canal Authority (SCA) Chairman Osama Rabie on Thursday come amid a dispute over compensation with the owner and insurers of the Ever Given container ship…
Traffic in Suez Canal Resumes After Ever Given Refloated
Shipping was on the move again late on Monday in Egypt's Suez Canal after tugs refloated a giant container ship which had been blocking the channel for almost a week, causing a huge build-up of vessels around the waterway.With the 400-meter-long (430-yard) Ever Given dislodged, 113 ships were expected to transit the canal in both directions by early Tuesday morning, Suez Canal Authority (SCA) chairman…
Three More Ever Given Crew Members Cleared to Go Home
Three crew members aboard the cargo vessel that blocked global shipping in the Suez Canal last month will be allowed to return home, the ship’s manager said on Thursday.The Ever Given has been anchored in a lake between two sections of the canal since being dislodged on March 29 and is caught in a legal dispute linked to a $916 compensation claim made by the Suez Canal Authority (SCA) against the ship’s Japanese owner.“Our utmost priority remains the safety and wellbeing of our crew.
