1 Review of Ever Given Stranding

3 Yue 23 on the morning of 6 or so, the Evergreen Marine ( Evergreen ) 's large container ships EVER GIVEN , ran aground shortly after entering the Suez Canal, the river is a two-way blocked, resulting in a large area of the ship backlog, delays.

2 Stranded and blocked the river, all parties suffered heavy losses

Will also trapped in a ship loaded 1.83 million containers, owner estimated the cost of the ship carrying cargo of about 7 Yi 7500 million dollars;

This accident caused the Suez Canal channel to be blocked for 6 days, and the loss was immeasurable.

According to the SCA , Egypt’s closure of waterways loses between US$ 12 million and US$ 15 million in income a day, and the ship stranded and the heavy salvage work required to re-float also caused significant damage to the canal.

According to Shipxun.com , EVER GIVEN has called many domestic ports such as Yantian, Taipei, Ningbo, Yangshan, Qingdao, and Kaohsiung in China, fully loaded with Chinese goods! According to the big schedule data, the shipping companies that share cabins may include: ANL , APL , CMA CGM , CNC , COSCO SHIPPIN , OOCL .

Before publicly lowering the requirement to US$ 550 million, SCA seeks compensation of US$ 916 million to make up for salvage work, loss of reputation and loss of income.

Due to the huge amount of compensation, all parties did not compromise, the negotiation was once deadlocked, and the ship was helplessly seized! 3 lasted for over 3 months of a settlement agreement reached in the final local time 7 months 4 days, responsible for " long thanks " cargo ship P & I insurance UK P & I Club said in a statement on this year 3 months ' long thanks "cargo ship ran aground in the Suez Canal For the issue of accident compensation disputes, the shipowner and the P&I Club have reached a formal settlement with the Egyptian Suez Canal Authority, and the Canal Authority will prepare to release the freighter.    

According to a Reuters report, the Suez Canal Authority stated that the "Long Ci" freighter will resume sailing on July 7.

The British Shipowners’ Mutual Insurance Association ( UK P&I Club), the underwriter of the Long Ci container ship , has officially announced that if there are goods on board the ship, they can be sent to customers. After waiting for 3 months, buyers are finally expected to receive the goods. NS!

Reuters report

After the Long Grant was dragged out, why did he stay in Egypt for so long? Because it is talking about the"ship quality" of compensation .

Earlier, the Suez Canal Authority once asked for 900 million US dollars in compensation, including an outrageous US$300 million "famous loss fee" and a US$300 million "salvage bonus . " They detained the Long Grant with the cargo and people in the Great Bitter Lake in the middle of the Suez Canal, and would not let the boat go without compensation.

Evergreen (the charterer) once proposed that the Suez Canal Authority could hold the ship and discuss compensation slowly with the British (insurance company) and Japanese (shipowner), and we unloaded the cargo first. Of course, the Egyptian side would reject such a plan.

At the beginning of May, Egypt saw that the 900 million compensation was worthless and voluntarily reduced it to 600 million. However, the British insurance company still said it was unreasonable. The Japanese (ship owner Masaei Steamboat) said that 150 million could not be more.

At the end of May, the Suez Canal Authority said again that the ship would be released after paying US$200 million.

Now, no one knows what the final number was. What is certain is that this money needs to be borne by the consignors.

Because on April 1, the Japanese shipowner of the Long Grant, Masei Steamship, officially announced a general average.

This also means that all shippers who have the goods on this ship have to bear the responsibility together, andall the goods must provide a guarantee before they reach the destination, otherwise the shipper will not be able to pick up the goods.

The full cargo volume of the Long Ci is 20,000 containers. This time it carried 18,300 containers. It sailed from Kaohsiung Port to Rotterdam Port. It was nearly full. The total value of the cargo on board was about 3.5 billion U.S. dollars. The ship has called Qingdao, Shanghai, Ningbo, Taipei, Yantian and other ports successively. According to estimates, 80% of the cargo on board comes from China.

Therefore, a large number of Chinese cargo owners are facing the embarrassing situation of "the goods are okay, but they have to lose money or give a letter of guarantee to pick up the goods".

Original address:

https://www.seatrade-maritime.com/finance-insurance/ever-given-reflections-largest-general-average-case-history