Suez Canal 2025 Compensation Liability Waiver

Suez Canal 2025 Compensation Liability Waiver. On 23 march 2021, while part of the morning northbound convoy in the suez canal, ever given ran aground, blocking the canal at one of its narrowest points. Liability claims may come from organizations such as the suez canal authority for loss of revenues (and also potential damage to the canal), as well as from other vessels blocked in.

It is without doubt a heavy blow to the global supply chain. Although the fact was never publicised, the compensation sought by the suez canal authority (sca) was paid in july 2021, four months after the event.