A representative of the owners of the container ship “Ever Given”, which disrupted movement in the Suez Canal and the insured companies, said today, Wednesday, that a preliminary agreement had been reached in a dispute over compensation with the Suez Canal Authority, and the authority had initially demanded a compensation of $ 900 million. before lowering it to $550 million.
Faz Bir Mohamed of Stan Marine Legal and Maritime Consulting said in a statement that work is underway to complete and sign a settlement agreement as soon as possible, and that arrangements for the release of Ever Given, which blocked the Suez Canal last March for six days, will be made after Completion of formalities.
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The giant container ship, owned by the Japanese company “Shoei Kisen Kaisha”, has been anchored in a lake located on the northern and southern sides of the Suez Canal since its liberation on March 29. The ship was accidentally stranded in the waterway due to high winds, which led to the disruption of the movement of hundreds of ships in one of the most important sea lanes in the world.
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The Canal Authority demanded financial compensation to cover the efforts to float the ship, and the damage it caused to the canal’s reputation, in addition to the lost revenues. The ship’s delinquency was due to a mistake made by the Canal Authority.
A member of the lawyer’s team for the Japanese company that owns the ship told Reuters that there are indications that the cause of the accident was a mistake by the authority, which allowed the ship to pass in unfavorable weather conditions, which caused it to run aground.
Abu Ali said that the defense team provided the court with a transcript of the ship’s black box records, which showed disputes between two of the canal guides and the control center of the Canal Authority regarding the ship’s entry into the navigational course in stormy weather.