The owners of the Ever Given containership submitted a new compensation proposal to the Suez Canal Authority (SCA) in order to settle damages after its grounding.
The offer was made after a new round of two-week-long talks between the two sides. As the UK Club informs, over the course of more than 15 days, the UK Club along with the ship’s other insurers have been engaged in negotiations with the committee assigned by the Suez Canal Authority on the grounding incident of Ever Given.
However, the parties agreed that the details of such negotiations would remain confidential.
What is more, the owners and their insurers requested and confirmed to the Ismailia Economic Court of First Instance on June 20, that they wanted to adjourn the hearing in order to take the necessary time to reach a “final and amicable solution that satisfies all parties.
At first, the Suez Canal Authority sought a compensation worth $916 million, which was later reduced to $550 million, provided that $200 million is paid in advance.
In the meantime, the two sides are blaming each others about the responsibility for the ship’s grounding. Namely, SCA says the captain of the vessel was to blame for the incident, giving emphasis on the role of the pilots onboard during the ship’s transit, which according to the authority was only advisory and that the weather conditions could not be blamed for the grounding.
