In March, the cargo ship of Changrong (Ever Given) under Taiwan Changrong Group blocked the Suez Canal, which once attracted global attention.The most important strategic transport route, which carries 12 percent of global trade, was blocked by a sign for six days in March, during which global shipping was affected and many commodity prices fluctuated.
Since the escape on March 29, the Suez Canal has detained it in the Great Bitter Lake beside the canal water channel, and demanded compensation from the longship owner —— Japanese Zhengrong steamer.Under the lease contract, the responsibility for the Suez Canal accident was for the Japanese Zhengrong Shiamboat, which had earlier purchased insurance.Expes for ship rescue activities will be covered by shell insurance by Tokyo-Japan based insurer MS&AD Insurance Group; other claims will be covered by insurance insurance, British Insurance Association (UK P&I C lub) has underwriting for LongLongship owner.