EGYPTAN authorities will release the 20,388-TEU Ever Given that blocked the Suez Canal for nearly a week once a deal is reached on compensation for related losses, reports Bloomberg.
'The ship is ready,' said Suez Canal Authority chairman Osama Rabie said in an interview on Egyptian television. Once 'we agree on compensation, the ship departs and the matter is closed.'
Shipowners Japan's Shoei Kisen Kaisha Ltd has declared General Average whereby cargo owners contribute funds to get their goods with Richards Hogg Lindley appointed as adjuster.
Evergreen Marine, the ship's operator, stated in a release it has received a notice from the lawyer representing Shoei Kisen, which specified that the owner had filed an Admiralty limitation claim at the High Court of Justice in the UK in accordance with the Merchant Shipping Act 1995.
'The ship is ready,' said Suez Canal Authority chairman Osama Rabie said in an interview on Egyptian television. Once 'we agree on compensation, the ship departs and the matter is closed.'
The canal blockage roiled global markets and cost the Suez Canal Authority US$15 million a day in lost revenue, according to its calculation. Rabie said Egypt wants compensation for the losses, as well as the cost of freeing the vessel.
The ship and its cargo are currently in the Great Bitter Lake, roughly halfway along the canal.
SeaNews Turkey
'The ship is ready,' said Suez Canal Authority chairman Osama Rabie said in an interview on Egyptian television. Once 'we agree on compensation, the ship departs and the matter is closed.'
Shipowners Japan's Shoei Kisen Kaisha Ltd has declared General Average whereby cargo owners contribute funds to get their goods with Richards Hogg Lindley appointed as adjuster.
Evergreen Marine, the ship's operator, stated in a release it has received a notice from the lawyer representing Shoei Kisen, which specified that the owner had filed an Admiralty limitation claim at the High Court of Justice in the UK in accordance with the Merchant Shipping Act 1995.
'The ship is ready,' said Suez Canal Authority chairman Osama Rabie said in an interview on Egyptian television. Once 'we agree on compensation, the ship departs and the matter is closed.'
The canal blockage roiled global markets and cost the Suez Canal Authority US$15 million a day in lost revenue, according to its calculation. Rabie said Egypt wants compensation for the losses, as well as the cost of freeing the vessel.
The ship and its cargo are currently in the Great Bitter Lake, roughly halfway along the canal.
SeaNews Turkey