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

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