The US$916 million compensation has not been received, and the Ever Given and its cargo will be permanently detained

Recently, Egypt finally made a clear statement on compensation. On the 13th local time, the owner of the ship involved, Shoei Steamship, stated that the Suez Canal Authority (Suez Canal Authority) had obtained a formal court order to seize the Ever Given. Foreign media called this move an "arrest."

The Suez Canal Authority said it would continue to detain the Ever Given and its cargo until it receives $916 million in compensation.

The move angered Shoei Kisen Kaisha and its insurers and prompted charterer Evergreen Marine to investigate whether a court order could be used to deal with the Ever Given and its cargo separately.

In response to the Suez Canal Authority's request, British P&I issued a statement after the ship was detained, accusing it and rejecting the claim. British P&I revealed that it proposed a carefully considered compensation plan to the Suez Canal Authority on the 12th local time. But now the ship is still detained, and P&I's plan does not seem to meet Egypt's requirements.

British P&I is disappointed with the Suez Canal Authority's detention. It is reported that before receiving compensation, the Suez Canal Authority not only detained the Ever Given and its cargo, but also required the crew not to leave the ship.

In addition, the UK P&I believes that the huge compensation demand proposed by the Suez Canal Authority only includes $300 million in salvage costs and $300 million in "reputational damages". The UK P&I believes that there is a dispute over the so-called reputational damages.

Ian Beveridge, CEO of Bernhard Schulte Shipmanagement (BSM), the management company of the Ever Given, expressed concern about the Egyptian seizure. “The Suez Canal Authority’s decision to detain the Ever Given is disappointing. From the beginning, BSM and the crew have been fully cooperating with all parties’ investigations.”

It is reported that Evergreen Shipping is considering other ways to "rescue" the cargo trapped on the ship. The company said: "In order to lift the detention order as soon as possible, Evergreen is urging all parties involved to reach a settlement agreement."

According to media reports, Osama Rabie, chairman of the Suez Canal Authority, said that he was studying the possibility of expanding the Suez Canal to prevent ship blockages from happening again.

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