Evergreen affirms authority's million-dollar claim and calls it "unsubstantiated"

The claim for compensation from the Suez Canal Authority is largely "unsubstantiated," says shipping company Evergreen, which hereby confirms the claim of USD 916 million. The parties have not yet reached an agreement.

Photo: Mohamed Abd El Ghany/REUTERS / X02738

The million-dollar claim from the Suez Canal Authority (SCA) is not sufficiently substantiated, announces Evergreen, confirming both the million-dollar claim and that several meetings have now taken place between the parties.

In total, SCA demands USD 916 million, which covers over USD 300 million for the rescue work and another USD 300 million for "loss of reputation", among other things, reads the announcement from Evergreen.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Esvagt strikes huge deal with Totalenergies

The French oil major expands its partnership with the Danish service carrier, which secures long-term contracts on eight vessels that will now deliver far more than safety solutions. The agreement is expected to create jobs for more than 160 seafarers.

Western Bulk aims for listing in third quarter

The strong dry bulk market is prompting Norway's Western Bulk to aim for a listing in the third quarter. The carrier projects that the market will strengthen in the second half of the year.

Further reading

Related articles

Trial banner

Latest news

See all jobs