{"id":562201,"date":"2021-05-11T03:45:54","date_gmt":"2021-05-11T03:45:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/ever-given-still-wont-pay-up\/"},"modified":"2021-05-11T03:45:54","modified_gmt":"2021-05-11T03:45:54","slug":"ever-given-still-wont-pay-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/ever-given-still-wont-pay-up\/","title":{"rendered":"Ever Given still won\u2019t pay up"},"content":{"rendered":"

<\/a> The Suez Canal Authority\u2019s (SCA) reduced USD 600 mn compensation claim for<\/strong> the Ever Given saga is still too high<\/strong>, the ship\u2019s insurer, UK Club, said, according to Reuters<\/a>. \u201cThe Ever Given's owners still have not been provided with evidence that would support a claim of this size, which remains exceptionally large,\u201d UK Club said in a statement. The SCA had originally been seeking USD 916 mn in compensation<\/a> for the container vessel\u2019s week-long blockage<\/a> of the Suez Canal in March, but reduced its claim by a third<\/a>, SCA boss Osama Rabie told El Hekaya\u2019s Amr Adib over the weekend (watch, runtime: 5:25<\/a>).<\/p>\n

The vessel remains seized as the back-and-forth over<\/strong> compensation continues.<\/strong> An Ismailia court is set to review the Ever Given\u2019s status on 22 May, after it rejected<\/a>an appeal<\/a> by the ship\u2019s owner, Shoei Kisen, of a court order that allowed the SCA to impound the vessel. Shoei Kisen had said last week<\/a> it wanted the owners of the 18k containers on board to help pay damages.<\/p>\n

If Shoei Kisen doesn\u2019t play ball with compensation rulings, the court could decide to allow the SCA to auction off the ship<\/strong>, sources told Reuters. The ship is currently being held in the Great Bitter Lake pending a resolution.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Suez Canal Authority\u2019s (SCA) reduced USD 600 mn compensation claim for the Ever Given saga is still too high, the 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 exceptionally large,\u201d UK Club said […]<\/p>\n","protected":false},"author":1,"featured_media":562202,"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":[72,134,3936,7103],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-suez-canal","tag-enterpriseam","tag-ever-given","tag-shoei-kisen","tag-suez-canal","wpautop","entry"],"acf":{"mongo_id":"db2b47ec-5e07-4857-b10d-c15536e1ff3b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/106.jpg","photo_position":"above","related_issue":[562197],"teaser":"","voice_url":""},"yoast_head":"\nEver Given still won\u2019t pay up - 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The Suez Canal Authority (SCA) will offer \u201cgreat\u201d considerations to the owner of the Ever Given mega container ship that blocked the Suez Canal in March to ensure talks to\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\/4\/282.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561875,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/25\/ever-given-owner-appeals-ships-seizure-by-egypt\/","url_meta":{"origin":562201,"position":2},"title":"Ever Given owner appeals ship\u2019s seizure by Egypt","author":"enterpriseam admin","date":"25 April 2021","format":false,"excerpt":"The owner of the mega container ship that blocked the Suez Canal in March has appealed a decision by an Egyptian court that allowed authorities to seize control of the vessel earlier this month. The ship\u2019s protection and indemnity insurer UK Club said Friday that the ship\u2019s Japanese owner Shoei\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\/4\/252.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563478,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/05\/ever-given-unshackled\/","url_meta":{"origin":562201,"position":3},"title":"Ever Given unshackled","author":"enterpriseam admin","date":"5 July 2021","format":false,"excerpt":"The Ever Given will be released on Wednesday, 7 July after the Suez Canal Authority (SCA) and the Ever Given\u2019s owners reached a compensation settlement for the six-day blockage of the canal in March, the authority told Bloomberg yesterday. The SCA said that a signing ceremony will be held on\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\/7\/30.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561610,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/the-ever-given-has-been-seized-and-its-owners-arent-happy\/","url_meta":{"origin":562201,"position":4},"title":"The Ever Given has been seized \u2014 and its owners aren\u2019t happy","author":"enterpriseam admin","date":"14 April 2021","format":false,"excerpt":"The Ever Given\u2019s owners aren\u2019t happy that their ship has been seized: The owners of the Ever Given have said they are \u201cdisappointed\u201d at the Suez Canal Authority\u2019s (SCA) decision to seize the vessel, claiming they had offered the authority \u201ccarefully considered and generous\u201d compensation for blocking the canal last\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\/4\/145.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":562201,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562201","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=562201"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562201\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/562202"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562201"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562201"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}