An Egyptian court ordered the ship’s Japanese owner, Shoei Kisen Kaisha, to pay $ 900 million in compensation for losses incurred when the Panamanian-flagged Ever Given prevented maritime traffic from making the vital global trade waterway to traverse Al Ahram news channel said on Tuesday.
The high bill also includes maintenance fees and the cost of the rescue operation, Al Ahram reported.
An international salvage operation worked around the clock to remove the ship from the banks of the Canal, which increased in urgency and global attention every day as ships from around the world carrying vital fuel and cargo were prevented from entering invade the canal.
Shoei Kisen Kaisha said insurance companies and lawyers were working on the claim and refused to comment.
The ship’s technical manager, Bernhard Schulte Shipmanagement (BSM), announced on Wednesday that the ship had been declared safe for the onward journey to Port Said on the Mediterranean, but because of the dispute between the Suez Canal Authority (SCA) and the shipowner.
“The SCA’s decision to arrest the ship is extremely disappointing,” said Ian Beveridge, CEO of BSM, in a statement. “From the beginning, BSM and the crew on board have worked fully with all authorities, including the SCA and their respective investigations into grounding … The main goal of BSM is a speedy resolution of this matter that will allow the ship and crew to depart the Suez Canal, “he added.
The UK Club, one of Ever Given’s insurers, said Tuesday it had responded to a SCA demand for $ 916 million and questioned its foundation.
“Despite the scale of the claim, which was largely unsupported, the owners and their insurers have negotiated in good faith with the SCA. On April 12, the SCA received a carefully considered and generous offer to settle their claim,” it said said in the statement.
The UK Club says it is the insurer of Ever Given for certain third party liabilities, including disability claims or infrastructure issues, but not the insurer for the ship itself or the cargo.
Its statement further explained why the UK Club believes the scope of the claim is not valid.
“The SCA has failed to provide a detailed rationale for this extraordinarily large claim, which includes a $ 300 million claim for a ‘salvage bonus’ and a $ 300 million claim for a ‘loss of reputation’. The grounding led No pollution and no reported injuries. The ship was made buoyant after six days and the Suez Canal immediately resumed commercial operations. The demand submitted by the SCA does not include the demand of the professional salvage company for their salvage services, the owners and theirs Hull insurers expect to get them separately, “the UK club said in a statement.
According to the Suez Canal Authority, the shipload was confiscated until the dispute was resolved.
More than 400 ships were prevented from passing the crucial shipping route when the Ever Given ran aground on March 23. The circumstances that led to this situation are still being investigated separately by the Egyptian authorities.
– Mostafa Salem, Mai Nishiyama and Chris Liakos contributed to the coverage.