An agreement in principle has been reached on Ever Given release

news - shipping and freight resource

It has just been reported that a representative for the owners and insurers of the Ever Given has confirmed that they reached an agreement in principle in terms of a compensation dispute with the Suez Canal Authority.

It is understood that work is under way to finalise a signed settlement agreement as soon as possible and arrangements will be made for the release of the Ever Given once the formalities had been dealt with.

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Suez Canal Authority softens stand on Ever Given while blame game continues

news - shipping and freight resource

It’s been a while since we wrote about the Ever Given, the main character in one of the most complicated stories in shipping history which ironically didn’t involve any damage to the ship or containers on board..

No one knows though about the status of the cargoes on board – especially perishable cargo in reefer containers or cargoes with a shelf life still inside the containers on board or any hazardous cargoes that maybe stewing in the hot African sun..

Just in case you have forgotten what happened, here is a recap and also the current status..

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