The owner of container ship Ever Given and insurers have concluded a preliminary agreement with the Suez Canal Authority on the account of the channel‘s day-long blockade. The ship owner and the Suez Canal Authority (SCA) don’t want to share any details. According to SCA, they will be announced later.
The SCA would like to compensate for container vessel storage, traffic jam costs of hundreds of ships and missed tolls. Previously, SCA estimated its cost at over 900 million dollars, but it was later reduced to 550 million.
The Ever Given blocked the Suez Canal for almost a week, leaving some 400 ships no further. On March 23, it was on the ground and on March 29, it was loosened, including with help from the Dutch Boskalis.
The ship has been in a lake adjacent to the Suez Canal since its floating boat. It is not allowed to leave from the Egyptian authorities. It is not known if the ship, its crew and cargo are allowed to continue now that there is an agreement.
Images that Egyptian television showed of the towing of the Ever Given:
The six-day blockade led to a disruption to global shipping traffic. About ten percent of world trade goes through the Suez Canal.