Company

Suez Canal Authority

State-owned operator of the Suez Canal; managed the Ever Given grounding response and the subsequent compensation claim.

PIA Investigations Covering This Organisation

Suez Canal Authority appears in 1 Project Insider Asia investigation, covering Billion Dollar Failures.

The Evidence Record

What the investigations document about Suez Canal Authority's involvement, drawn from the published investigation records.

PIA-INV-018

Ever Given: Six Days That Stopped World Trade

Investigation focus How a 400-Metre Ship, a Sandstorm and a Chain of Contested Decisions Blocked the Suez Canal and Triggered a $916 Million Claim
Cost Settlement reported ~$540M (unconfirmed); trade delay estimated up to $9.6B/day
Country Egypt
Industry Maritime, Shipping & Logistics
Key dates 2026-08-03

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Governance Lessons

Lessons from the investigations covering Suez Canal Authority, each attributed to its source investigation.

  1. Triggers Are Not Root Causes

    High winds grounded the Ever Given the……

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    From Ever Given: Six Days That Stopped World Trade

  2. Single Points of Failure Dominate Systemic Risk

    Roughly 12 per cent of world trade……

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    From Ever Given: Six Days That Stopped World Trade

  3. Crisis Capability Must Pre-Exist the Crisis

    The refloating succeeded because a specialist salvage industry, heavy tugs and dredging plant already existed and could be mobilised in hours. Organisations that plan to improvise emergency competence under pressure are planning to fail publicly.

    From Ever Given: Six Days That Stopped World Trade

  4. Investigator Independence Determines What You Learn

    The SCA investigated an incident in……

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    From Ever Given: Six Days That Stopped World Trade

  5. Price Small Probabilities at Full Consequence

    A grounding of this kind was a……

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    From Ever Given: Six Days That Stopped World Trade

  6. Let the Record Show the Estimate Is an Estimate

    The '$9.6 billion a day' figure was a……

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    From Ever Given: Six Days That Stopped World Trade

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