Reuters is reporting that an Egyptian court has lifted the detention order on the Ever Given container ship, allowing its expected release from the Suez Canal on Wednesday, according to a lawyer and judicial sources.
The Ever Given’s owners and insurers announced on Sunday that they had reached a settlement with the Suez Canal Authority (SCA) over compensation for the ship becoming grounded in March and blocking traffic in the waterway. The amount of the settlement has not been announced. The SCA initially demanded $916m in compensation to cover salvage efforts, reputational damage, and lost revenue. The demand was later lowered to $550 million.
The ship has been held under court order in the Great Bitter Lake between two stretches of the canal since it was dislodged on March 29. The 1,312-foot-long ship blocked the Suez Canal for six days, from March 23 to 29.
In its departure from the canal, the Ever Given will be accompanied by two tugs and two senior canal guides, Suez Canal sources said.
The value of the goods inside the Ever Given‘s 18,000 containers has been estimated at $775m.
Something says that companies may be thinking twice about investing in ships the size of EverGiven.
Under way again, and as of 0830 Central Time in the US, about 16nm from exiting the Suez Canal.
Perhaps the stuff I paid for in March and has been on back order will rock up soon 🙂
Date for famous stuck Suez Canal ship to arrive in Felixstowe announced
https://www.eadt.co.uk/news/business/is-ever-given-going-to-reach-felixstowe-uk-8121458?fbclid=IwAR3h2wJsDxkjeprtHBkZWqi2auPjsTq6rioO95YMrNgotgPP_4kCyH_hpW4