Egypt seizes Ever Given megaship in Suez April 13, 2021 Maritime data company Lloyd's List said the blockage by the EverGiven held up an estimated $9.6 billion-worth of cargo between Asia and Europe each day it was stuck.
Standard, common, reoccurring practice in Maritime Law is to seize any vessel with outstanding debts. Everybody overcharges and then settles. Instead of suing the owners of the ship, Egypt just slapped ship with a prejudgement arrest order. Upon granting judgment, Egypt will simply auction off the ship and place the proceeds against the amount of damages awarded. Egypt can still then go after the owners for any deficiency. Who will attend that auction?
An Egyptian pilot was at the helm, there were 2 pilots. Some of these bloggers really know what they are talking about. However, NONE know whats inside the containers. High value items? freerepublic.com/focus/f-news/3950282/posts
Egypt impounds EverGiven ship after owners refuse to pay compensation over Suez Canal blockage Egypt has the right to seize the vessel until its owners pay financial compensation. The vessel is now officially impounded. They do not want to pay anything.
While the figure has not been publicized by the canal authority, state-owned Egyptian newspaper Ahram claims that officials are seeking $900 million from the owners of Ever Given, Shoei Kisen Kaisha, for the salvage operation, delays to traffic, and lost fees caused by the blockage. www.rt.com/news/520930-egypt-seizes-evergiven-blocked-suez-canal