After nearly a week, the Ever Given has finally been dislodged from the Suez Canal and is back on its way after causing severe delays. Hundreds of vessels will now be free to pass through one of the busiest shipping routes on the planet. As things return to normal, the lawyers will step in and begin to work out whether the delays we have seen are actionable. The answer might end up being surprising to a lot of people. Whereas things like protection & indemnity (P&I) and hull insurance are pretty standard features of policies, delay cover is a much rarer ‘optional extra’ that many owners do not avail themselves of.
Sued in the Suez
Sued in the Suez
Sued in the Suez
After nearly a week, the Ever Given has finally been dislodged from the Suez Canal and is back on its way after causing severe delays. Hundreds of vessels will now be free to pass through one of the busiest shipping routes on the planet. As things return to normal, the lawyers will step in and begin to work out whether the delays we have seen are actionable. The answer might end up being surprising to a lot of people. Whereas things like protection & indemnity (P&I) and hull insurance are pretty standard features of policies, delay cover is a much rarer ‘optional extra’ that many owners do not avail themselves of.