Egypt to seize Suez ship Ever Given pending USD 900 million compensation

The Suez Canal Authority has received the go-ahead by a court in Egypt to seize container ship Ever Given. The canal authority is seeking USD 900 million in damages following the six-day blockage of the waterway when Ever Given ran aground.
Photo: AFP/Ritzau Scanpix
Photo: AFP/Ritzau Scanpix
By Tarek El-Tablawy, Bloomberg

An Egyptian court issued a seizure order for the ship that blocked the Suez Canal last month after a request from the waterway’s operator, which is demanding USD 900 million in compensation, according to local media.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading