15.2 C
Hamburg
Sunday, June 1, 2025
Home News Insurers unimpressed with SCA’s public statements

Insurers unimpressed with SCA’s public statements

Insurers of the impounded Ever Given vessel remained unconvinced by the public statements made by the Suez Canal Authority (SCA), which is claiming US$916 million for losses following the grounding and blockage of the waterway for six days in March.

The SCA filed a lawsuit making the claim for damages soon after the vessel was freed and has since impounded the ship in the Great Bitter Lake area of the canal until a settlement is reached with the Japanese vessel owner, Shoei Kisen Kaisha Ltd and the vessel’s insurer the UK P&I Club.

A statement from the insurer, said, “The UK Club has seen the public comments made by SCA chairman, Osama Rabie indicating that the SCA has reduced its claim from US$916 million to US$600 million.

“The reduced amount has not been reflected in the SCA’s claim filed at court and the Ever Given’s owners still have not been provided with evidence that would support a claim of this size, which remains exceptionally large. The Ever Given’s interests continue to negotiate in good faith with the SCA.”

Neither shipmanager Bernard Schulte Shipmanagement nor the operator Evergreen Marine Corporation commented on the latest developments.





Latest Posts

The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...

Klaipėda port embarks on green hydrogen initiative

Klaipėda Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...
error: Content is protected !!