For the 650 million yuan claim, who will pay for the losses in the Suez Canal's "Great Ship Jam of the Century"? General average, all shippers pay together
For the 650 million yuan claim, who will pay for the losses in the Suez Canal's "Great Ship Jam of the Century"?
General average, all shippers pay together
After the resumption of the canal, the reasons for the grounding of the freighter and who will bear the responsibility for the accident will become the focus of attention.
According to a report by the Russian Satellite News Agency in the early hours of March 30, Mamish, the Egyptian President’s Seaport and Suez Canal Affairs Advisor, said that Egypt will seek compensation from the owner of the "Long Give". Mamish stated that he would claim against the owner for all the consequences of the ship’s grounding and the use of the tug, and he would ask for all costs.
The Russian Satellite News Agency calculated the approximate loss of the accident and showed that the total value of the goods delayed due to the blockage accident was about 62 billion US dollars; about 12 million barrels of crude oil were stranded; 369 ships were stranded in the queue; Egypt lost about 91 million US dollars due to the blockage accident.
The freighter "Long Ci" is owned by Japan's Shoei Kisen Kaisha, which is operated by Taiwan's Evergreen Marine Chartering.
The claims adjusters of Maseibo Japan and international insurance companies are investigating the incident. The chairman of the Suez Canal Authority Rabie said that the party responsible for the accident will be determined after the investigation is completed. Participants in the preliminary investigation said that the focus of the previous investigation was on sandstorms and strong winds that lasted about two minutes at the time of the incident. Rabia believes that bad weather may not be the main cause of the accident, but may be caused by technical or human error.
Earlier, on March 25, Evergreen Shipping issued an announcement stating that according to the shipowner’s report, the ship deviated from the channel due to an instant strong wind and accidentally ran aground on the Suez Canal. The announcement mentioned that after the shipowner has completed the overall accident investigation report, the shipowner will be coordinated to deal with follow-up matters.
Singapore’s “Lianhe Zaobao” reported that a giant oil tanker parked at the entrance of the Suez Canal waiting for customs clearance had to pay between 30,000 and 80,000 dollars a day for berthing. What's bad is that as many as 90% of the insurance purchased by freight does not include delays, so who should bear the losses caused by freight delays may cause disputes among all parties.
According to Reuters, as one of the world’s largest container ships, the shipowners and insurers may face millions of dollars in claims for the large amount of cargo on the "Long Give", the excavation costs of the rescue process, and the pollution costs. It will make this case the largest compensation case for global freight. "The Wall Street Journal" reported that up to now, all parties have roughly estimated that the accumulated possible claims costs have reached more than 100 million U.S. dollars (about 650 million yuan).
The above costs will be collectively averaged, and all shippers will bear it together