The Ever Given owners have reached an agreement in principle with the Suez Canal Authority over the compensation claim.
Before the agreement, the UK Club had informed that along with the owner and the ship’s other insurers they were working with the SCA to finalise a signed settlement agreement as soon as possible.
The agreement has now been finalized, after long working sessions which lasted for more than 15 days. However, details on the amount of compensation are not yet known.
The agreement has also been concluded after Shoei Kisen Kaisha made a new offer to SCA to settle damages caused by the ship’s grounding.
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.
