Container

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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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

    Related articles

    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

    Jobs