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Insurer says claim against Ever Given remains "exceptionally large"

Although the Suez Canal Authority has lowered its claim against Ever Given after the blockage of the canal, the claim is still deemed "exceptionally large" by the ship's insurance company, writes Reuters.

Photo: Mohamed Elshahed/AP/Ritzau Scanpix

UK Club, the insurer of Ever Given, deems the claim against the container ship "exceptionally large", even though the Egyptian canal authority, SCA, recently lowered its claim following the blockage of the Suez Canal, writes Reuters.

Earlier this week, it emerged that the Suez Canal Authority would reduce its damage claim against Ever Given's owner, Japanese Shoei Kisen, by a third from the initial claim of USD 916 million, to almost USD 600 million for the ship to be released and related claims covered.

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