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Suez Canal Authority will free Ever Given for a deposit

The owner of container ship Ever Given, which has been detained in the Suez Canal since March, can have the ship released if the shipowner is willing to pay a deposit of USD 200 million.

Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix

Container megaship Ever Given, which blocked the Suez Canal for nearly a week, remains detained in the canal area by authorities, which have now decided to reduce the compensation claim against the owner.

According to Reuters, the chair of the Suez Canal Authority (SCA) has agreed to accept a reduced amount of USD 550 million, which is slightly lower than the USD 600 million recently presented.

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