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    New partnership aims to reduce the risks posed by dry bulk cargoes

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    Two COSCO companies issue their first electronic bills of lading

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    Jotun Hellas pioneers vessel maintenance and safety with novel Aerial Drone Inspection Service

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    IUMI explores the implications of digitalization on marine insurance

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    UK-Singapore consortium achieves world’s first fully-digitalised shipment

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    Irish forces found huge quantity of drugs on board ship

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    Gard Club: Industry needs to mature and learn from incidents and human errors

    Gard Club: Industry needs to mature and learn from incidents and human errors

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

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  • Home
  • Safety
    • All
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    • Maritime Health
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    New partnership aims to reduce the risks posed by dry bulk cargoes

    St. Lawrence Seaway resumes traffic as grounded vessel is refloated

    War risks insurance to be offered for vessels in the Black Sea

    War risks insurance to be offered for vessels in the Black Sea

    canada shipwreck

    Ghana imposes strict PSC and fines over MARPOL violations

    American club

    RMI: Failed bursting discs in carbon dioxide fire-extinguishing systems

  • SEAFiT
    • All
    • Intellectual
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    thinking out of the box

    Thinking out of the box: 5 tips for creative thinking

    Practicing gratitude can change your life

    Practicing gratitude can change your life

    Always do what your gut tells you: Keep it healthy

    Always do what your gut tells you: Keep it healthy

    Book Review: A role model for ship managers

    Book Review: How we perceive and deal with luck in life and business

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
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    aidaprima biofuel

    Russia removes ban on high-sulfer and bunker fuel exports

    QatarEnergy, HHI to construct 17 ultra-modern LNG carriers

    QatarEnergy, HHI to construct 17 ultra-modern LNG carriers

    ABS and Asiatic Lloyd Maritime LLP to explore methanol fuel system conversion

    ABS and Asiatic Lloyd Maritime LLP to explore methanol fuel system conversion

    powercell hydrogen fuel cell

    Two Swedish companies collaborate on hydrogen fuel use

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Two COSCO companies issue their first electronic bills of lading

    Two COSCO companies issue their first electronic bills of lading

    Jotun Hellas pioneers vessel maintenance and safety with novel Aerial Drone Inspection Service

    Jotun Hellas pioneers vessel maintenance and safety with novel Aerial Drone Inspection Service

    IUMI explores the implications of digitalization on marine insurance

    IUMI explores the implications of digitalization on marine insurance

    UK-Singapore consortium achieves world’s first fully-digitalised shipment

    UK-Singapore consortium achieves world’s first fully-digitalised shipment

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    canada shipwreck

    Ghana imposes strict PSC and fines over MARPOL violations

    ClassNK amends its rules on construction of steel ships

    Liberia: How to comply with PSC focus on firefighting and clean machinery spaces

    orange county oil spill fines

    Crude oil tanker to pay 88 crores for damaging Haldia oil jetty

    China conducts ballast water inspections to vessels arriving from Japan

    China conducts ballast water inspections to vessels arriving from Japan

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    aidaprima biofuel

    Russia removes ban on high-sulfer and bunker fuel exports

    UNCTAD: Review of Maritime Transport 2023

    UNCTAD: Review of Maritime Transport 2023

    mfm in rotterdam antwerp

    Port of Rotterdam and Yokogawa study ways to increase energy efficiency

    Irish forces found huge quantity of drugs on board ship

    Irish forces found huge quantity of drugs on board ship

  • Columns
    Gard Club: Industry needs to mature and learn from incidents and human errors

    Gard Club: Industry needs to mature and learn from incidents and human errors

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

    Seafarer Stories: Capt. Cristian Bacanu, Master

    Seafarer Stories: Capt. Cristian Bacanu, Master

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SAFETY4SEA

Suez Canal to cut Ever Given claims by $300 million

Original compensation claims were at $900 million.

by The Editorial Team
May 10, 2021
in Shipping
ever given

Satellite Images of Ever Given Blocking Suez Canal (As of 27th of March) Image Source: YouTube screenshot

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The Suez Canal Authority (SCA) is considering to cut the Ever Given claims for compensation to $600 million from $900 million.

The 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.

RelatedNews

St. Lawrence Seaway resumes traffic as grounded vessel is refloated

Grounded vessel in Ontario causes traffic disturbance

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.

Tags: Ever Given groundingEvergreengroundingsmSuez Canal
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