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The Suez Canal has reduced its claim by 300 million dollars!

The Suez Canal Authority reduced the compensation demanded for the losses caused by the mega container ship Ever Given, which ran aground and interrupted global trade across the canal for a week.

The Suez Canal has reduced its claim by 300 million dollars!
10 May 2021 - 11:43 - Update: 10 May 2021 - 11:52
The Suez Canal Authority announced that it reduced the compensation demanded for the losses caused by the mega container ship Ever Given, which stood ashore and interrupted global trade through the canal for a week.

The new figure is 600 million dollars!
 
The Suez Canal Authority stated that the new claim for compensation  is 600 million dollars for the 400-meter-long ship, which was arrested by getting towed to the Great Bitter Lake after its rescue.

SShoei Kisen has applied the International Convention on Limitation of Liability on the Ever Given, whereby it will aim to cap claims to a maximum of $115m. Also, Shoei Kisen had requested that part of the requested compensation be covered by the owners of the containers on board.

$ 916 million had been claimed before!

The Suez Canal initially demanded $ 916 million in compensation due to the six-day blockage caused by the 400-meter-long giant ship that was going to the ports of call in Europe with 18,300 containers.
 
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