China News Service, May 11th. Comprehensive foreign media reported on the 10th that the large container ship “Nagai” ran aground on the Suez Canal for nearly a week in March, affecting global shipping. Therefore, the Suez Canal Authority gave the Japanese shipowner “Masei Steamship”. Claim 916 million U.S. dollars and seize the “Changci” ship. A few days ago, the Suez Canal Authority reduced this amount to 600 million U.S. dollars in order to seek reconciliation, and the two sides will continue to negotiate on this.
According to reports, Stranded the Suez Canal on March 23, causing river blockage and affecting global shipping. After rescue by various parties, it was removed from the stranded river on March 29 and the Suez Canal resumed traffic.
After the incident, the Canal Authority claimed that the grounding would damage the goodwill of the canal, and demanded compensation for the losses caused by the suspension of the canal for 6 days and related rescue costs. Therefore, it requested a claim of US$916 million from Zhengrong Steamship, but the British Mutual Insurance Association to which Zhengrong Steamship belongs It was pointed out that “the calculation basis of the compensation amount has not been informed, and the relevant evidence is lacking.” The negotiation between the two parties is difficult to progress.
Recently, the Suez Canal Authority reduced the claim amount from US$916 million to US$600 million in order to seek an out-of-court settlement. However, the British Mutual Insurance Association still believes that the amount of this claim “exceeds the legal norms” and no relevant basis is provided. It is difficult for the two parties to reach a consensus and will continue to negotiate.
The report pointed out that the Egyptian court has ordered the seizure of the “Changci” ship, and will not be released until the compensation is paid. Although Zhengrong Motors appealed to release the seizure, it was rejected by the court.