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Ever Given declares general average and Suez Canal Authority arrests vessel to recover $1 billion compensation

19 April, 2021

There have been interesting developments as the owners of the MV Ever Given notified Evergreen on April 1 that they declared a General Average following the work to refloat the vessel. Also Egyptian authorities now seek more than US$1 billion in damages to cover these costs and the loss of canal revenue. Please read our recent article by Richard Kamppari Baker (Claims Director at World Insurance).

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