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As divers scrutinize Ever Given’s hull to see if it can continue to sail, they begin to wonder who should pay for the losses suffered in the blockade of the Suez Canal.
“The damage and losses as well as the consumption of the dredging equipment will be calculated. The estimate will reach US $ 1,000 or maybe a little more. It is a right that Egypt has,” he said. he declared this Wednesday. Osama Rabie, chairman of the Suez Canal Authority (ACS), without specifying who should pay this money or whether Egypt has already claimed compensation.
This figure would be calculated based on lost traffic quotas, damage to the waterway during drainage, cargo refloating efforts, and equipment and material costs.
Rabie told Egyptian TV that the incident had given Egypt a reputation. “The country should get what it deserves“, aggregate.
Investigators began their work Wednesday by accessing Ever Given, which, once re-afloat on Monday, is now in the Great Amer Lake area, a larger area of the canal where it can stand without interruption. the passage.
The 400-meter-long ship ran aground diagonally in the Suez Canal on March 23 for nearly a week, causing the blockage of one of the world’s major maritime trade routes.
The root cause was attributed to high winds, but now researchers want to verify if there was a technical or human error.
What are you paying for?
And the case is important in the face of looming legal action to seek compensation and determine who should pay for the delays.
Rabie believes that there were technical and human errors and does not consider the wind to be the main reason.
“The channel has never been closed due to bad weather,” he said on Monday. And he also denied that the huge size of the ship was the cause, as “even bigger freighters” cross the track.
Rabie also ruled out that the two channel pilots who were on board Ever Given to guide them are not responsible. “They have a high level and are very competent,” he said.
Shoei Kisen, the Japanese firm, which owns the Ever Given, said it had not received any claims or legal demands for the blockade caused by the cargo ship.
“We are still investigating the cause of the incident and the cost, including the insurance payment and possible compensation for the damage,” Yumi Shinohara, of Shoei Kisen’s freight management department, told Reuters.
The Japanese company is said to have $ 3 billion in insurance against potential claims.
Due to loss of perishable goods or disruptions in the supply chain, claims may be made by both freight owners Never given as with other vessels that have been delayed.
For its part, Evergreen Marine, the Taiwanese company in charge of chartering the vessel, said Thursday it was not responsible for delays in the distribution of cargo carried by the vessel, which authorities say will not leave the current area until the investigation ends.
“There is almost no chance that we will claim compensation,” excluded Eric Hsieh, president of Evergreen Marine.
Evergreen’s agent in Egypt, Mohamed Bahaa, said he did not expect a dispute between his company and the Suez Canal Authority.
Rabie said the ship and the cargo it was carrying (nearly 20,000 containers) would likely not stay in Egypt if the compensation issue were to go to court.
Lasting consequences
The blockade is also expected to generate a wave of claims from insurers. For example, London-based insurance company Lloyd’s expects “huge losses” of $ 100 million or more, its chairman, Bruce Carnegie-Brown, said this week.
Type plates, the secretary general of the International Chamber of Shipping, said it will take time for the industry to recover from the consequences of the blockade.
“Now they are in a hurry for the ships to cross the canal which will have an effect on the destination ports as they will become congested. This means there will also be delays,” Platten told the BBC.
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