Tag: Ever Given grounding

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 in the Suez Canal that attracted significant attention, not only by industry people but also the wider public and made us wonder, what is it exactly about?

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).

Despite the Ever Given blocking the Suez Canal in March 2021, the canal achieved the highest annual revenue in its history, amounting to 6.3 billion dollars, while also experiencing a 10% increase in traffic.

During 2021, shipping industry saw many challenging events; from the pandemic implications on ship operations and the decarbonization push to the huge crisis incident of Evergiven, but managed to stay resilient through collaboration and synergy – this is when wonderful things can be achieved!

The cargo ship Ever Given that blocked the Suez Canal for nearly a week in March has been repaired in east China’s coastal city of Qingdao.

Maritime historian and Campbell University professor Sal Mercogliano, published photos of the damaged Ever Given, that blocked the Suez Canal in March.

The giant container ship Ever Given is en route once again through the Suez Canal, about five months after it ran aground in March shaking global shipping trade flow for almost a week. 

The Ever Given finally docked at the port of Rotterdam, about four months later than scheduled, due to the infamous incident.