Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
ContainerChief MAKOi (YouTube)·about 5 years ago

Ever Given Owner Declares General Average : Cargo Shippers Will Contribute to the $916M Compensation

Chief MAKOi (YouTube)

A few weeks ago, the owner of the Ever Given, the massive container ship that ran aground and blocked the Suez Canal, declared "General Average". This means that cargo owners will have to share in paying the $916 Million compensation demanded by Egypt's Suez Canal Authority.