Suez Canal 2025 Compensation Liability

Suez Canal 2025 Compensation Liability. The suez canal authority (sca) demanded almost eur 1 billion in compensation for salvage and related costs from the owner of the vessel. Abandoning the container ship that blocked the suez canal would be cheaper for its insurers than paying out a compensation claim to egyptian authorities, legal sources have.


Suez Canal 2025 Compensation Liability

Egypt will release the container ship that blocked the suez canal in march, after it agreed a compensation deal with the vessel’s owners and insurers. However, our charterer clients have shown.

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