Is that ship still stuck?
(istheshipstillstuck.com)
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Imagine if an intelligence agency warned shopping companies to STOP transporting Chinese rockers to Lebanon... or stop bringing nuclear technology to Iran....
and yet one company kept doing it, so they decided to make an example.
Stage an incident that will bankrupt that shipping company and cost them everything they have.
Now, next time we say STOP, everyone else pays attention. ?
Except I read that the insurance companies will be the ones paying for the rescue and any losses. Not sure if it will hurt the shipping company.
No insurance company is gonna pay for the fines of missing a Suez Crossing.
Evergreen is a subcompany of Hartford insurance company
https://www.crunchbase.com/organization/evergreen-group
Apart from rescue and damages / losses, I think it's more about charges and fees for the collateral damage, thousands of ships are now freezed or trying to find another way, that means delays, that means hell of costs in those situations (pilotage / escort / dues / fees and all relative stuffs for a similar ship are measured around 50-100k/h), so yes they will be given a fine for this last part, could be really expensive, but still for a company like this i doubt will reach bankruptcy