The Suez Canal Authority (SCA) is considering to cut the Ever Given claims for compensation to $600 million from $900 million.
he SCA also offered payment terms to the Ever Given owners, without receiving a respond yet.
What is more, an Egyptian court granted the Suez Canal Authority’s request for the seizure of the vessel in mid-April as compensation talks were continuing.
Following this decision, the vessel’s owner filed an appeal before the Ismailia court against Egypt’s decision to seize the vessel and its cargo.
The blockage heavily disrupted shipping markets, as hundreds of vessels had to wait for the canal to reopen.
Now, according to SCA, compensation is necessary in order to cover losses of transit fees, damage to the waterway during the dredging and salvage efforts, as well as for the cost of equipment and labor.
Moreover, after the re-floating of the Ever Given in the Suez Canal, the owners of the ship have declared a General Average. Commenting on this development, the British International Freight Association (BIFA), said that those who have containers on board will be asked for an indemnity or a deposit.