{"id":561646,"date":"2021-04-15T04:00:01","date_gmt":"2021-04-15T04:00:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/"},"modified":"2021-04-15T04:00:01","modified_gmt":"2021-04-15T04:00:01","slug":"the-ever-given-is-good-to-go-once-its-owners-settle-their-dues","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/","title":{"rendered":"The Ever Given is good to go \u2014 once its owners settle their dues"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The Ever Given container ship is fit to depart the Suez Canal<\/strong> once an agreement has been reached between the Suez Canal Authority and the ship\u2019s owner, the German technical management company Bernhard Schulte Shipmanagement (BSM) said in a <a href=\"https:\/\/www.bs-shipmanagement.com\/en\/media\/1-media-statement\">statement<\/a> after making a \u201cthorough inspection\u201d of the vessel.<\/p>\n<p><strong>Plenty of disappointment to go around:<\/strong> \u201cThe SCA\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8022fbeb-48b1-4d77-b7e9-ccaf73043f67\">decision to arrest the vessel<\/a> is extremely disappointing,\u201d BSM CEO Ian Beveridge said, asking for \u201ca swift resolution to this matter that will allow the vessel and crew to depart the Suez Canal.\u201d This comes one day after the ship owners also announced their <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b97100ee-aa27-4e11-9a17-8f8189d72c71\">disappointment<\/a> with the seizure of the ship.<\/p>\n<p><strong>This may take a while: <\/strong>Negotiations to reach a financial settlement \u201cmay take some time,\u201d the SCA said yesterday, according to <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2C10ZI\">Reuters<\/a>. The authority is demanding the owner\u2019s insurer pay USD 916 mn to compensate it for the six-day blockage of the canal. The ship\u2019s protection and indemnity insurer UK Club on Tuesday called the figure \u201cextraordinarily large\u201d and said it had made a \u201cgenerous\u201d offer to the SCA the day before the latter obtained a court order allowing it to seize the vessel. Two SCA sources told <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN2C10ZI\">Reuters<\/a> that the owner had offered USD 100 mn, almost 11% of the SCA\u2019s claim. Chairman Osama Rabie earlier told state TV that \u201cthey don\u2019t want to pay anything\u201d for the incident.<\/p>\n<p><strong>One step at a time?<\/strong> The Ever Given\u2019s charterer Evergreen Line is reviewing the Egyptian court order and \u201cstudying the possibility of the vessel and the cargo on board being treated separately,\u201d according to a <a href=\"https:\/\/ent.news\/2021\/4\/Statement-for-Ever-Given-Arrested-by-Egyptian-Court.pdf\">separate statement (pdf)<\/a>. When the vessel is eventually released, it will depart from the Great Bitter Lake \u2014 where it is currently anchored for inspection\u2014 to Port Said, where it will be examined again before leaving for Rotterdam, BSM said.<\/p>\n<p><strong>ALSO FROM THE CANAL-<\/strong><\/p>\n<p>An unnamed <strong>Chinese shipbuilding company<\/strong> <a href=\"http:\/\/www.china.org.cn\/world\/2021-04\/14\/content_77404476.htm\">will manufacture<\/a> five <strong>tug boats <\/strong>for the Suez Canal Authority under a contract set to be signed soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ever Given container ship is fit to depart the Suez Canal once an agreement has been reached between the Suez Canal Authority and the ship\u2019s owner, the German technical management company Bernhard Schulte Shipmanagement (BSM) said in a statement after making a \u201cthorough inspection\u201d of the vessel. Plenty of disappointment to go around: \u201cThe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":561647,"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":[72,134,7103,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-suez-canal","tag-enterpriseam","tag-ever-given","tag-suez-canal","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"3eb957c5-fd2a-457b-8f63-a3f5d2e7093e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/156.jpg","photo_position":"above","related_issue":[561639],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Ever Given is good to go \u2014 once its owners settle their dues - 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\/15\/the-ever-given-is-good-to-go-once-its-owners-settle-their-dues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Ever Given is good to go \u2014 once its owners settle their dues\" \/>\n<meta property=\"og:description\" content=\"The Ever Given container ship is fit to depart the Suez Canal once an agreement has been reached between the Suez Canal Authority and the ship\u2019s owner, the German technical management company Bernhard Schulte Shipmanagement (BSM) said in a statement after making a \u201cthorough inspection\u201d of the vessel. 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PLUS: News from the FRA","author":"enterpriseam admin","date":"18 October 2023","format":false,"excerpt":"The government now expects canal revenues to rise by more than a third this year to USD 10.3 bn","rel":"","context":"In \"ALSO ON OUR RADAR\"","block_context":{"text":"ALSO ON OUR RADAR","link":"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/887.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651620,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/suez-canal-authority-receives-five-offers-to-build-usd-600-mn-ship-fueling-station\/","url_meta":{"origin":561646,"position":3},"title":"Suez Canal Authority receives five offers to build USD 600 mn ship fueling station","author":"enterpriseam admin","date":"16 February 2017","format":false,"excerpt":"The Suez Canal Authority has five offers from regional and International investors to participate in a project to build a ship fueling station in the Adabiya Port with an investment cost of USD 600 mn, authority chief Mohab Mamish told Al Mal. The offers come from Kuwait, the UAE, Saudi\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562056,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/not-so-fast-ever-given\/","url_meta":{"origin":561646,"position":4},"title":"Not so fast, Ever Given","author":"enterpriseam admin","date":"5 May 2021","format":false,"excerpt":"An Ismailia court has rejected Ever Given owner Shoei Kisen\u2019s appeal against the Suez Canal Authority\u2019s seizure of the container ship, meaning the mega-vessel will remain in Egypt until at least May 22, when a second hearing is scheduled, Bloomberg reports. A decision from the court last month had allowed\u2026","rel":"","context":"In &quot;Suez Canal&quot;","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\/38.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662359,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/16\/us-investigates-perceived-constraints-at-global-checkpoints-including-suez-canal\/","url_meta":{"origin":561646,"position":5},"title":"US investigates perceived constraints at global checkpoints including Suez Canal","author":"enterpriseam admin","date":"16 March 2025","format":false,"excerpt":"The investigation will also look into the English Channel, the Panama Canal, and the Singapore Strait","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1176.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=561646"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561646\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/561647"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561646"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561646"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}