Two cargo ships collide in the Suez Canal

Question for maritime experts: how does something as foreseeable and as slow as this occur?

First, I’ll wager it was a case of “dueling insurance companies.”  And second, I’ll wager it was also a matter, for Hapag Lloyd, of “how many zeroes do I write behind the check” due to the negligent actions of the captain of the M/V Colombo Express?

BZ