News / Deadlock broken as Ever Given owner and Suez Canal Authority come to terms

Photo: Suez Canal Authority

Shippers with cargo onboard the arrested Ever Given could soon see their shipments moving again as the deadlocked negotiations to free the ship appear to have been broken.

According to the representatives of the vessel, owner Shoei Kisen Kaisha and its insurers have agreed a settlement to free the vessel, currently under arrest in the Bitter Lakes region of the canal while the Suez Canal Authority (SCA) continues to demand compensation for the six-day blockage of its waterway.

According to the vessel’s ...