Shoei Kisen submits second appeal against Ever Given seizure

A new appeal from Ever Given owner Shoei Kisen will be on the agenda for an Ismailia court this Saturday, 22 May, after company lawyers submitted a second appeal yesterday against the seizure of the mega vessel, Youm7 reports. Earlier this month, the court had rejected Shoei Kisen’s first appeal against a decision allowing the Suez Canal Authority to seize the Ever Given until it receives payment of over USD 900 mn in compensation for losses incurred by the Ever Given’s week-long blockage of the Suez Canal in March. The court is also set to reassess on Saturday the Ever Given’s status. Negotiations for a settlement are ongoing as the ship continues to be held in the Great Bitter Lake.