Public Management

Investigation blames Ever Given's Captain for Suez Canal blockage

Investigation blames Ever Given's Captain for Suez Canal blockage
Tuesday, 01 June 2021 12:38

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)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Move aims to boost housing finance and expand affordable housing supply Bank to support real estate sector amid 800,000-unit housing deficit The...
Financing targets renewable energy and climate adaptation investments Deal supports Africa’s low-carbon transition and infrastructure funding...
Inflation dropped to 3.2% in March 2026, down from 25.8% a year earlier, marking 15 consecutive months of decline The Ghana Reference Rate was...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID) has approved USD 266.7 million and XOF 30 billion to support a portfolio of strategic...
Most Read
01

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
04

Arise IIP plans to invest more than $3 billion in Kenya over five years The company wi...

Arise IIP Targets Kenya With $3 Billion Industrial Investment Drive
05

Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...

Weekly Health Update | ECOWAS Launches Health Reform; Africa Expands Emergency Capacity
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.