THE line-up of more than 400 of ships that built up
around the Suez Canal after the grounding of the Ever Given vessel has been
cleared, according to Egyptian authorities, according to media reports.
The final 85 ships passed through the waterway
on April 3, the Suez Canal Authority (SCA) said on its Facebook page,
adding that the operation demonstrated its ability to manage emergencies,
reports Bloomberg.
Overall, 422 vessels passed through since the tanker was
freed on March 29, after blocking the canal for almost a week.
The 400-metre-long Ever Given container vessel, owned by
Japan's Shoei Kisen Kaisha Ltd, ran aground on March 23 in the southern part of
the canal. The waterway handles about 12 per cent of world commerce. Its
blockage snarled supply chains already under pressure due to the coronavirus
pandemic and provided a stark reminder of the fragility of global trade
infrastructure.
The canal normally handles around 50 ships a day but had to
increase that figure to 80-90 to clear the backlog.
Most of the vessels waiting were bulk carriers - which
transport unpackaged cargo such as grains, coal and iron ore - and container
ships, according to Leth Agencies, which provides Suez Canal crossing services.
There were around 75 crude-oil and chemical tankers, it said.
The chairman of the SCA, Osama Rabie, said an investigation
into what caused the Shoei Kisen Kaisha-owned vessel to run aground is due to
wrap up soon. The ship is anchored in the Great Bitter Lake. The authority is
expected to publish its findings this week.
Mr Rabie warned last week that Egypt might seek US$1
billion in compensation following the six-day grounding of the giant
Evergreen-operated ship. Mr Rabie said the ship and its cargo will not be
allowed to leave the country if the issue goes to court.
Shoei Kisen has declared General Average whereby cargo
owners will need to contribute funds to get their goods with Richards Hogg
Lindley appointed as adjuster. It has been widely reported that Shoei Kisen has
employed law firm HFW to file a claim in England's High Court.
Evergreen Marine, the ship's operator, stated in a release
it has received a notice from the lawyer representing Shoei Kisen, which
specified that the owner had filed an Admiralty limitation claim at the High
Court of Justice in the UK in accordance with the Merchant Shipping Act 1995,
in view of the liabilities and compensation that may occur due to the grounding
incident. In the appendix of the filing, the owner listed Evergreen Marine and
several other potential claimants as defendants and notified them accordingly.
Source : HKSG.
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