The investigation launched last March 31 by the Egyptian government into the Ever Given case found the ship’s captain fully guilty of the blockage of the Suez Canal between March 23 and 29.
Speaking during a press conference on May 30, El-Sayed Sheisha, Head of Suez Canal Authority’s investigation team, said the accident occurred after the crew onboard made wrong maneuvers due to “repeated commands from the skipper within a very short time.” El-Sayed Sheisha says the ship’s black box also revealed the error did not come from the Suez Canal Authority unlike what the representative of Ever Given’s owners previously claimed. Indeed, the representative said SCA authorized the ship to enter the waterway well knowing the weather conditions were not suitable.
Pending the outcomes of this investigation, the Suez Canal Authority had requested $916 million in compensation for the losses. The amount was later cut to $550 million on May 25, after the owners of Ever Given provided documents showing the true value of the cargo on board.
Let’s note that the trial to resolve the case has been postponed to 20 June 2021 by the Ismailia First Instance Economic Court. The incident cost a daily loss of nearly $14 million for Egypt.
Carine Sossoukpè (intern)
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Ghana ends long-term stability deals and pushes a 9–12% sliding royalty, redrawing the fiscal map as gold prices soar. GoldBod expands state control:...
South Africa proposes zero-alcohol limit for all drivers Reform amends National Road Traffic Act’s drink-driving provisions Move targets road deaths...
Focus areas include education, rural development, climate resilience, digitalisation Programme targets water access, vulnerable groups and human...
Gabon launches SIGFIP to centralise all public revenues and spending System integrates tax, customs, procurement and real-time financial...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...