There’s nothing to be done. Evergreen’s legal efforts to separate the fate of the Ever Given from its cargo have come to nothing. The vessel, which has been stranded for days along the Suez Canal, is currently anchored in the Great Bitter Lake, with all its 20,000 containers on board.
Negotiations between Egypt and the Japanese owner of the ship, Shoei Kisen Kaisha Ltd, to establish possible damages and compensation have not produced any tangible results. According to the Egyptian authorities, the shipowner is expected to pay a sum close to one billion dollars, on the basis of the cost of salvage operations, together with the cost of repairing the canal.
In a statement issued last Friday, the Taiwanese company, which operates the containership, announced its intention to attempt all available legal options to try to remove its cargo, transferring it to other vessels. The Egyptian authorities have, however, failed to accept their request, confirming the detention of both the ship and its cargo.
Translation by Giles Foster