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To: HippyLoggerBiker

From the article:
The SCA demanded more than $900 million for the salvage operation to free the Ever Given and other losses, later lowered to $550 million.


It has been sitting since March 29 but the lawyers were busy the whole time.

I wonder how much of the cargo is still OK...


9 posted on 07/07/2021 9:08:05 AM PDT by Doctor Congo
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To: Doctor Congo

“...the lawyers were busy the whole time...”
****************************************************
I agree, the Suez Canal Authority was a major plaintiff.

Still leaves out all of the other ships that were stuck (loss of revenue, cargo spoilage, additional costs associated with going around Africa, etc.)

I wonder if there will be an “EverGreen” shipping company in three years.


10 posted on 07/07/2021 9:25:35 AM PDT by HippyLoggerBiker (Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake. )
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