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Ever Given’s Japanese owner asks cargo owners to share Suez Canal compensation

Ever Given’s Japanese owner asks cargo owners to share Suez Canal compensation

Shoei Kisen Kaisha Limited, the Japanese owner of the cargo ship Ever Given that blocked the Suez Canal has asked freight owners to share the damages under a ’general average’ declaration. The blockage of the canal halted billions of dollars in maritime trade. Egypt has sought an estimated $916 million from Shoei Kisen Kaisha. The ship with its crew and cargo is under Egyptian custody now.

Timothy
Timothy
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