The owners of the Ever Given are suing its operators after the company beached the massive ship in the Suez Canal

Madison Hall
·2 min read
ever given suez canal
Ever Given, a Panama-flagged cargo ship, wedged across the Suez Canal and blocking traffic on March 27. Photo by Samuel Mohsen/picture alliance via Getty Images

  • The Ever Given's owners are suing the operator of the ship, the Evergreen Marine Corp.

  • The suit was filed in London's High Court and references the ship getting stuck in the Suez Canal.

  • The court filing was first reported by The Lawyer, a British law magazine.

  • See more stories on Insider's business page.

After a massive container ship got stuck and blocked the Suez Canal, the owners of the Ever Given are suing the ship's operators, according to The Lawyer.

The lawsuit was filed in the High Court in London, The Lawyer reported, and makes explicit reference to "the grounding of the M/V 'EVER GIVEN' along the Suez Canal, Egypt on 23 March 2021." According to the lawsuit, the two defendants listed in the case are the Evergreen Marine Corporation and "all other persons claiming or being entitled to claim damages."

The Ever Given is co-owned by Luster Maritime and Higaki Sangyo Kaisha, two companies based in Japan. The ship is currently being leased by Evergreen Marine Corp., a Chinese container transportation company.

The Ever Given made headlines on March 23 after an unexpected dust and wind storm swept through the region, causing the massive container ship to lose course and become beached. The dayslong ordeal temporarily slowed commerce from the canal, which sees 12% of the world's trade every year.

A fleet of tugboats and a dredger successfully freed the ship on March 29, nearly a week after it first got stuck. According to The New York Times, a full moon produced a "king tide" that allowed for a few extra inches of tidal flow to help re-float the Ever Given.

The Ever Given prevented more than $50 billion in global trade after six days of blocking the Suez Canal, according to Lloyd's List. Toilet paper, coffee, and furniture are among the industries most affected by the Ever Given. IKEA, an international furniture company, said it had more than 100 containers on board the Ever Given and expected supply-chain delays from the crisis.

The container ship is currently sitting in the Great Bitter Lake - a large body of water midway through the canal - where it is being inspected before it can continue the journey to its final destination in the Netherlands.

Sophia Ankel contributed reporting.

Read the original article on Business Insider

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