An aerial view shows the container ship Ever Given arrives at the ECT (Europe Container Terminals) Delta terminal in the port of Rotterdam, early on 29 July 2021. AFP
The Panama-flagged giant container ship, Ever Given, which ran aground in the Suez Canal in March and blocked trade in the international trade route for six days, finally arrived in the port city of Rotterdam, Netherlands.
The ship is scheduled to dock at the ECT Delta terminal in Rotterdam for unloading until 3 August and to depart then for Felixstowe, England, the Rotterdam port said.
Egypt earlier this month allowed the Japanese-owned ship to leave Egyptian waters, where the vessel had been seized for around 100 days, after signing a settlement agreement with the ship owner.
The settlement followed a legal dispute where Egypt asked for $550 million in compensation, down from $916 million, to cover salvage efforts, reputational damage, and lost revenue.
The Ismailiya Economic Court agreed to lift the impound order against the ship ahead of signing the settlement with Shoei Kisen, the Japanese owner of the vessel.
The actual value of the compensation Egypt has received as per the settlement and the terms of the agreement have been kept confidential, but Egyptian officials said the deal has been satisfactory and preserves both parties’ mutual interests.
The 400-metre vessel, operated by a Taiwanese Evergreen Marine Corp, had set sail from China and was on its way to Rotterdam. It veered off course late in March and ran aground diagonally while it was passing through the international trade route.
The gigantic ship left hundreds of vessels queued in the waterway or at anchor, awaiting transit through the canal.
Egypt succeeded in refloating the mega container ship less than a week later, thus allowing navigation into the strategic waterway to resume.