General
The Ever Given container ship is being held in the Suez Canal as authorities argue over compensation
The ship that blocked the Suez Canal for almost a week in March has been held in the waterway as canal authorities pursue a $US916 million ($1.2 billion) compensation claim against the ship’s Japanese owner.
Key points:
- Last week the head of the canal authority said the Ever Given would not leave before investigations were finished and compensation paid
- One of the Ever Given’s insurers says it recently made a “carefully considered and generous offer” that was rejected
- Holding the ship may cause those with cargo aboard to send replacement items via air freight
The Ever Given container ship, owned by Shoei Kisen, has been in a lake separating two sections of the canal since it was dislodged on March 29, as the Suez Canal Authority (SCA)…
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