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Salvage claim by Suez Canal Authority faces challenge

Firm acting for some cargo interests demands Ever Given be allowed to proceed and urges Egyptian waterway to reduce demands

The SCA has valued the property salved at around $2bn or even $3bn... Based on our experience of other large containership casualties the cargo value on the Ever Given is likely to be in the region of $600-700m,’ Clyde & Co head of casualty says

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