Ever Given’s owners and Suez Canal Authority reach formal settlement

Update (July 7): Following a formal agreement between the Ever Given’s owners and the Suez Canal Authority the vessel and her crew have departed the Great Bitter Lake in the Suez Canal, sailing to Port Said, Egypt, where a dive survey of the ship will be completed.

The owners and insurers of the Ever Given and the Suez Canal Authority (SCA) have agreed upon a formal settlement in a compensation dispute.

Reuters reported that the SCA stated that the vessel, which has been held in a lake between the two stretches of waterway since it was dislodged on March 29, would be allowed to sail on July 7.