Ever Given – Financial Treason & Crime

Martin Croucher, 15 April 2021

The operator of a giant container ship that blocked the Suez Canal for a week after running aground last month has said that the Egyptian authorities “lack any detailed justification” for demanding almost $1 billion in compensation.

Evergreen Line, the Taiwan-based operator which chartered the Ever Given that blocked traffic in the Suez Canal when it became wedged across the busy sea lane on March 23, said on Wednesday that it is investigating the scope of an Egyptian court order for the vessel to be seized by authorities in Cairo. Ever Given caused a logjam of approximately 200 ships in the canal Continue reading “Article: Ever Given Operator Questions $916M Claim Over Grounding”

04/01/202104/03/2021

Article: Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B

Article - Media, Publications

Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B

John Bacon, 01 April 2021

The cost of blocking shipping for almost a week through one of the most crucial waterways on earth apparently comes in at right around $1 billion.

And that’s just the bill Egypt could soon be trying to collect. It does not include damages for the owners of more than 400 boats delayed by the calamity on the Suez Canal, nor compensation that could be sought by companies whose materials or products were on those boats. Continue reading “Article: Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B”