Japanese Shipowner Asks Cargo Owners to Share Suez Damage Cost

In this March 30, 2021 file photo, the Ever Given, a Panama-flagged cargo ship, is seen in Egypt's Great Bitter Lake. (AP)
In this March 30, 2021 file photo, the Ever Given, a Panama-flagged cargo ship, is seen in Egypt's Great Bitter Lake. (AP)
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Japanese Shipowner Asks Cargo Owners to Share Suez Damage Cost

In this March 30, 2021 file photo, the Ever Given, a Panama-flagged cargo ship, is seen in Egypt's Great Bitter Lake. (AP)
In this March 30, 2021 file photo, the Ever Given, a Panama-flagged cargo ship, is seen in Egypt's Great Bitter Lake. (AP)

The Japanese owner of a massive container ship that blocked the Suez Canal for nearly a week, halting billions of dollars in maritime commerce, is asking owners of the freight it is carrying to share the cost of the damages demanded by Egyptian authorities.

Shoei Kisen Kaisha Ltd. said on Friday that it has asked freight owners to share the damages in a deal known as a general average declaration. The damage sharing scheme is often used in maritime accidents covered by insurance.

The company said it has notified a number of the owners of the approximately 18,000 containers on the ship to assume part of the damages demand, estimated at about $916 million.

The shipowner said earlier this month that it has been negotiating with Egyptian authorities over the demand for compensation.

The ship, called the Ever Given, is being held at Great Bitter Lake, a wide stretch of water halfway between the north and south ends of the canal, for inspection and won’t be allowed to leave until the settlement is reached, Shoei Kisen said.

The company refused to disclose further details of the negotiations, including the amount covered by insurance and how much it is asking freight owners to share.

The Ever Given was on its way to the Dutch port of Rotterdam on March 23 when it slammed into the bank of a single-lane stretch of the canal about 6 km north of the southern entrance, near the city of Suez.
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he ship’s 25 Indian crew members who are still on board are all in good health, the company said.

The ship has enough food, including fresh fruit and vegetables, and drinking water, the ship’s technical management company, Bernhard Schulte Shipmanagement, said.



Lebanon: Aoun Says Govt Formation Must Not Be Delayed by Sectarian Demands

This handout picture provided by the press office of the Lebanese presidency shows Lebanon's new President Joseph Aoun (L) meeting with prime minister-designate Nawaf Salam at the presidential palace in Baabda, east of Beirut on January 17, 2025. (Photo by Lebanese Presidency / AFP)
This handout picture provided by the press office of the Lebanese presidency shows Lebanon's new President Joseph Aoun (L) meeting with prime minister-designate Nawaf Salam at the presidential palace in Baabda, east of Beirut on January 17, 2025. (Photo by Lebanese Presidency / AFP)
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Lebanon: Aoun Says Govt Formation Must Not Be Delayed by Sectarian Demands

This handout picture provided by the press office of the Lebanese presidency shows Lebanon's new President Joseph Aoun (L) meeting with prime minister-designate Nawaf Salam at the presidential palace in Baabda, east of Beirut on January 17, 2025. (Photo by Lebanese Presidency / AFP)
This handout picture provided by the press office of the Lebanese presidency shows Lebanon's new President Joseph Aoun (L) meeting with prime minister-designate Nawaf Salam at the presidential palace in Baabda, east of Beirut on January 17, 2025. (Photo by Lebanese Presidency / AFP)

Lebanon’s newly elected President Joseph Aoun said on Thursday that the formation of the government must not be delayed because of sectarian and political complexities, urging the parliamentary blocs to ease the formation process.
“We have just begun restoring the trust between the people and the state. We wish to form a new government that meets the aspirations of the people as quickly as possible”, said Aoun on Wednesday.
He added that extending bridges of trust with the Arab and Western worlds is attainable only if sincere intentions for the good of public interest are there.
Aoun emphasized that the swift formation of a new government gives a positive signal to the whole world, while obstructions and delaying the process because of narrow political and sectarian demands does the opposite.
Lawmakers from the Change Bloc, who had a major role in unifying the ranks of the opposition and garner support for naming Judge Nawaf Salam for the premiership, reject demands for sectarian and partisan quotas to ease the formation process.
They say that the mechanism to form a government should strictly adhere to competency.
Recent reports emerged lately that lawmakers of the Change Bloc want to have two or three ministerial seats in the new lineup, but the MPs themselves denied that.
“We don’t want a ministerial share, plus we reject the notion of quotas. We only take the share we want when we rebuild a country that we aspire for, and when competent and ethical ministers are appointed”, MP Paula Yacoubian of the Change Bloc told Asharq al-Awsat.
MP Firas Hamdan, also of the Change Bloc, reiterated what Yacoubian said. He told Asharq Al-Awsat that the Change lawmakers do not want ministerial portfolios or any share in the coming government.
He said the bloc refuses the formation of a government based on sectarian and political quotas, akin to old formation practices. “These have proven to be failed practices”, he said.
In order to swiftly form a government and garner confidence for Salam’s government, Hamdan said that the political blocs must bear responsibility in front of the people and the international community and ease the formation.
Director of the Levant Institute for Strategic Affairs, Dr. Sami Nader, said in remarks to Asharq Al-Awsat that lawmakers of the Change Bloc had a major role in bringing Salam to his post.
“But the question is: will the new regime be one that will bring change, or will it replicate the former rule? If the next scenario is the case, then we can treat the Change Bloc as we treat any other party or political group that gets appeased with ministerial representation. This would be regretful because it would only mean that we went back to the system of quotas”, he stated.