A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in 2021. The Ever Given was stuck for six days in March 2021. However, the event disrupted global shipping for months. Maersk controls about 15% of the world’s container fleet, while Evergreen has about 6%.

The Danish company said by email on Thursday: “We can confirm that we have withdrawn the case in Denmark.” The shipping giant declined to disclose the details of the settlement and wouldn’t identity the companies or individuals it had sued. The ship in question, the Ever Given, was operated by Evergreen Marine Corp.

Maersk had sought 300 million kroner ($44 million) at Denmark’s Maritime and Commercial Court over losses caused by the event. At the time, Evergreen denied it had liability for any damages to Maersk.

Source: gcaptain.com