Imperial Japanese Navy

2021-04-15T16:00:02+00:00

Regional News • Middle East

Egypt seizes Ever Given ship in Suez Canal, demands $900 million in compensation

An Egyptian court ordered the vessel's Japanese owner, Shoei Kisen Kaisha, to pay $900 million in compensation due to losses inflicted when the Panamanian-flagged Ever Given prevented marine traffic from transiting through the vital global trade waterway.

Shoei Kisen Kaisha said insurance companies and lawyers were working on the compensation claim and refused to comment further.

UK Club, the protection and indemnity insurer for the Ever Given, said Tuesday that they had responded to a claim from the Suez Canal Authority for $916 million and questioned its basis.

Cookies🍪

Our website uses scripts, such as cookies, to technically provide the site ("essential scripts") and third-party website tracking technologies to provide and continually improve our services and display advertisements based on the perceived interests of users. By clicking the "Accept All" button, the website visitor agrees to the activation of all scripts. Essential cookies are also executed without the consent. The consent can be revoked or changed at any time with effect for the future. By clicking the "Reject" button, only essential cookies are used. In our data protection policy, we provide detailed information about the type and scope of data processing.

Accept All Reject