Suez debacle: Insurer delivers update on seized vessel
"Despite the sincere efforts of the Ever Given owners and their insurers, it has not been possible to resolve this matter without the continued involvement of the Egyptian courts." These were the words of the British P&I Club when the maritime insurer issued an update on the current circumstances surrounding the container ship Ever Given, which had previously been “largely unsupported” due to a demand previously described by the Suez Canal Authority (SCA) had been confiscated. valued at $ 916 million. According to the British P&I Club, which does not insure Ever Given itself and its cargo, but the ship's owner against certain third-party liabilities, the Ever Given camp has appealed against the arrest of the ship to the Ismaili court of first instance in Egypt. The ...