Evergreen Ship: After getting stuck in the Suez Canal, this huge cargo ship had not yet been freed. But now the dispute has been resolved and he will be released.
Suez Canal Ship to be Released
Suez Canal Evergreen Ship Stuck: In March this year, a huge cargo ship got stuck in the Suez Canal, due to which the trade of the world was in trouble. After which the ship had not yet been liberated. But now it will be free to travel from 7th July. The Ever Green (Ever Given) ship owners and insurers have entered into an agreement regarding this. They say that a formal settlement has been reached in the compensation dispute. After which the canal authority will free this ship on 7 July.
According to the news agency Reuters, a statement has been issued on behalf of the ship’s owner Shoi Kisen and its insurer. In which he has said, ‘Preparations will be made for the release of the ship and a program will be held at the headquarters of the Authority in Ismailia for the settlement.’ The Suez Canal Authority (SCA) says the agreement will be signed at a ceremony on 7 July.
Controversy started over compensation
As part of the agreement, the canal will get a tug boat with a towing capacity of about 75 tonnes, said authority’s chairman Osama Rabi. In fact, the SCA did not release the ship despite being pulled out of the canal due to compensation. Also, $ 916.5 million was sought from its Japanese owner as compensation (Suez Canal Accident). After which the whole dispute got entangled continuously and now it has been resolved.
ships had stopped
The Ever Given ship was stuck in the Suez Canal on 23 March (Suez Canal Crisis). Due to which the movement of ships between the Red Sea and the Mediterranean Sea came to a standstill. The rescue operation went on for six days to get the ship out, after which it could be pulled out. The weight of the ship is 200000 metric tons. It is 400 meters long and 59 meters wide. Talking about the Suez Canal of Egypt, a large part of the trade in the world is operated from here. On an average 50 ships pass through here daily. This route is mainly used to transport crude oil from the Middle East to Europe and North America.
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