Tag: Ever Given grounding

Egypt is actively exploring additional expansions of the Suez Canal to finalize a second channel, aiming to enhance shipping capacity and minimize disruptions that may impede traffic, Reuters highlights. 

Mr. Ian MacLean, Partner, Master Mariner & Deputy Head of Office at Hill Dickinson answers key questions with regards to the Ever Given:(a) why did the court find SMIT were entitled to salvage remuneration? (b) a rare opportunity to see contemporaneous owner / salvor correspondence; and (c) what litigation risk lessons are there? 

On 21st March 2021, the grounding of the giant container ship ‘Ever Given’ at the Suez Canal, one of the world’s busiest maritime routes, made headlines all over the world.

Shipping giant AP Moeller-Maersk is suing Evergreen in a Danish court, seeking compensation for delays caused by the blockage of the Suez Canal when the Ever Given ran aground on March 23rd, 2021

National Marine Dredging has won a $272-million contract to dredge a section of the Suez Canal where the Panamanian container ship Ever Given ran aground in 2021.

The crude oil tanker "Affinity V" ran aground in the Suez Canal on August 31, backing up maritime traffic, according to local media and analysis of the ship's location in vessel tracking software. The vessel has now been released and is back on course.

Claims related to the Ever Given grounding in the Suez Canal during 2021, could amount to $2 billion, French insurer Scor SE estimates.

Declaring “General Average” is a practice regularly seen after a maritime casualty, including the high-level Ever Given grounding.

The Ever Given case is a reminder of the fragility of global supply chains, but it raises some important questions about the challenges facing insurers when modelling for such claims, delegates attending a Nautical Institute webinar were told.

A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, according to the chairman of the Suez Canal Authority (SCA).