The warning bell has been sounded to the crew of Ever Given ship who are likely to be stranded in the Suez Canal for years over the compensation issue.

The Suez Canal authorities have asked for nearly 1$ billion-dollar compensation from the Japanese shipping company owning the vessel.

The judicial official overseeing the legal dispute over the compensation has informed that the crew could be held up for years if the matter isn’t resolved.

Osama Rabie, the head of the SCA has said that the crew cannot leave unless the Japanese company Shoei Kisen Kaisha Ltd pays the compensation.

Egypt’s state media has broadcasted this issue as an official impounding of the vessel as the shipowner has refused to pay. SCA has demanded $1.17 billion to salvage the vessel refloating costs and other damages. This also includes the loss in transit fees.

Source: marineinsight