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Apr 01, 2021

Ever Given update: Lloyd's Chairman quoted by Reuters and separate investigations into grounding of Ever Given commence

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Two investigations are under way: the Suez Canal Authority and another by the Panama Marine Authority.

Click here to read the gCaptain.com article.

Separately, Bruce Carnegie-Brown informed Reuters yesterday that it is much too early to predict the amount of the loss but expects a "large loss" from the Suez Canal disruption, not just from the Ever Given itself but potentially all the other trapped vessels in the Canal.

Bruce mentioned US$100m or more on the basis that Lloyd's will pick up between 5 to 10% of the reinsurance claims. Click here for Reuters article