Al-Marsad newspaper: Egyptian lawyer Khaled Abu Bakr, advisor to the Suez Canal Authority, and one of its negotiating team members in the case of the delinquency of the Ever Geffen ship, and the damage it caused, revealed that Egypt received the largest compensation in history.
Abu Bakr said in televised statements that the ship’s delinquency crisis lasted six days, and had many negative effects on the global economy, and incurred huge losses, as the world incurred 9 billion dollars in global trade volume, and 600 ships stopped in their places, and supplies to Europe were disrupted. , there were perishable goods unmoved, and the world was paying a heavy price.
And Abu Bakr continued – according to the Cairo 24 website -: “We can put ourselves in his place. He received phone calls from all officials in the world, and from within, including 4 daily calls from President Abdel Fattah El-Sisi. No one was suggesting to him to do anything, but everyone They were asking him what he would do, he was studying what he would do well, and it was an unnatural challenge for him, and then it was time to make a decision, and the company could have used another party to give his opinion on how to implement the rescue operation, so a Dutch company was consulted, and some Authority officials held a meeting with its representatives, where they suggested solving the problem within 3 months and unloading the ship, and another party suggested splitting part of the ship.
Lawyer Khaled Abu Bakr added: “The real epic was in the six days during which the Suez Canal Authority was able to float the ship Ever Given, and the world must know how Egypt acted during this crisis, to stop global losses and stop European supplies .. And every hour that passed was the whole world He pays for the ship’s delinquency.
Regarding the details of the negotiations and the final results, Abu Bakr said: “What the Suez Canal obtained is the largest compensation in the world in the history of maritime navigation, but the terms of the agreement are confidential, and we signed this and this is part of the success of the negotiations. Compensation, and the matter was feasible for the losses incurred by the authority, and the ship was released after the full amount was paid, and the other side complied with all contractual agreements and we got the full amount of compensation.”