{"id":561294,"date":"2021-04-01T03:51:59","date_gmt":"2021-04-01T03:51:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/01\/and-now-we-investigate\/"},"modified":"2021-04-01T03:51:59","modified_gmt":"2021-04-01T03:51:59","slug":"and-now-we-investigate","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/01\/and-now-we-investigate\/","title":{"rendered":"And now, we investigate"},"content":{"rendered":"

<\/a> The Suez Canal Authority\u2019s (SCA) investigation into the Ever Given\u2019s <\/strong>grounding is now officially underway. <\/strong>Officials from the SCA will board the vessel today to begin their probe into the crew\u2019s actions in the moments leading to the ship running aground in the Suez Canal last week Sayed Sheaysha, a senior advisor to the authority who is leading the probe, told Kelma Akhira\u2019s Lamees El Hadidi (watch, runtime: 10:03<\/a>). While Sheaysha told Reuters<\/a> yesterday that Ever Given\u2019s captain is fully committed to helping the SCA with the investigation, he complained to Lamees that the vessel hasn\u2019t been responding to emailed requests for relevant information, signaling potential complications down the road.<\/p>\n

The Ever Given will remain in Egyptian waters for another week or more<\/strong> until investigations are wrapped, SCA boss Osama Rabie tells Al Hayah Al Youm\u2019s Lobna Assal (watch, runtime: 19:26<\/a>). Local and international ins. companies are welcome to lend a hand to the SCA in the investigation process, he said.<\/p>\n

The SCA expects to claim some <\/strong>USD 1 bn in damages from ins. companies<\/strong>, which includes foregone revenues of around USD 15 mn per day (multiplied by the six days the Ever Given blocked off the waterway) and damages to the Suez Canal from dredging the bank\u2019s embankment to dislodge the ship, Rabie tells Ala Masouleety\u2019s Ahmed Moussa (watch, runtime: 25:44<\/a>). The Suez Canal won\u2019t be held responsible for any damages as a result of the incident, he confirmed to Masaa DMC\u2019s Ramy Radwan (watch, runtime: 14:26<\/a>). Lawyers said earlier this week<\/a> that Egypt will likely be entitled for payments from the Japanese company for services rendered to refloat the ship.<\/p>\n

The SCA could reach an agreement with the ship\u2019s operator and owner Shoei Kisen within 3-4 days on compensation payments<\/strong>, depending on how the investigation goes, Sheaysha added. In the event the two sides fail to reach an agreement, the matter will be handed over to Egypt\u2019s prosecutors, who will file a case against the shipping company in domestic courts. This process could take years and the vessel would be required to remain in place until the case is settled, Sheaysha said, suggesting that it\u2019s in everybody\u2019s best interest to reach an agreement out of court.<\/p>\n

Meanwhile, the traffic backlog is continuing to clear up<\/strong>, with at least 81 additional ships sailing in both directions by mid-day yesterday, Rabie said yesterday, according to a cabinet statement<\/a>. By our math, this brings the number of vessels waiting to transit down to 86, from the 422 that were originally backed up as the Ever Given was being dislodged. The delayed ships are getting 5-15% markdowns on their transit fees to compensate for the delay, Rabie told Ahmed Moussa.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Suez Canal Authority\u2019s (SCA) investigation into the Ever Given\u2019s grounding is now officially underway. Officials from the SCA will board the vessel today to begin their probe into the crew\u2019s actions in the moments leading to the ship running aground in the Suez Canal last week Sayed Sheaysha, a senior advisor to the authority […]<\/p>\n","protected":false},"author":1,"featured_media":561295,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8996],"tags":[72,134,8835,7143,7103,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-suez-canal","tag-enterpriseam","tag-ever-given","tag-maritime","tag-osama-rabie","tag-suez-canal","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"c873a51b-96d2-42c3-a3e6-b8bc9b83a7b6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/11.jpg","photo_position":"above","related_issue":[561282],"teaser":"","voice_url":""},"yoast_head":"\nAnd now, we investigate - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/01\/and-now-we-investigate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"And now, we investigate\" \/>\n<meta property=\"og:description\" content=\"The Suez Canal Authority\u2019s (SCA) investigation into the Ever Given\u2019s grounding is now officially underway. 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ship\u2019s insurer, UK Club, said, according to Reuters. \u201cThe Ever Given's owners still have not been provided with evidence that would support a claim of this size, which remains\u2026","rel":"","context":"In "Suez Canal"","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/106.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562423,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/how-low-can-we-go\/","url_meta":{"origin":561294,"position":1},"title":"How low can we go?","author":"enterpriseam admin","date":"24 May 2021","format":false,"excerpt":"SCA cuts its Ever Given compensation demand \u2014 again: The Suez Canal Authority (SCA) has again downgraded its compensation demands for the Ever Given\u2019s blockage of the Suez Canal, saying it\u2019s now looking for USD 550 mn, SCA boss Osama Rabie told Al Hayah Al Youm\u2019s Mohamed Sherdy yesterday (watch,\u2026","rel":"","context":"In "Suez Canal"","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/205.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561326,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/adios\/","url_meta":{"origin":561294,"position":2},"title":"Adi\u00f3s","author":"enterpriseam admin","date":"4 April 2021","format":false,"excerpt":"The last 61 ships left stranded by the MV Ever Given\u2019s choking of the Suez Canal passed through the waterway yesterday, Suez Canal Authority (SCA) boss Osama Rabie said in a statement, after a total of 422 ships had piled up at either end of the canal as the mega-vessel\u2026","rel":"","context":"In "Suez Canal"","block_context":{"text":"Suez 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