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Ever Given crew smile for group snap after mega container ship caused global trade chaos by blocking Suez Canal

Ever Given crew smile for group snap after mega container ship caused global trade chaos by blocking Suez Canal
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Egypt seized the Ever Given, demanding the ship s owners pay nearly $1 billion for blocking the Suez Canal

The Ever Given is fit to sail again, official report concludes - but it still can t go anywhere because Egypt impounded it

The Ever Given is fit to sail again, official report concludes - but it still can t go anywhere because Egypt impounded it mjankowicz@businessinsider.com (Mia Jankowicz) © Maxar A satellite view of the Ever Given in the Suez Canal s Great Bitter Lake as of Monday, April 12 2021. Maxar The Ever Given has passed a technical inspection allowing it to proceed up the Suez Canal. However, it still can t move from its current position because Egypt has impounded it. Officials are seeking a reported $900 million in damages for the ship s 6-day grounding. The Ever Given has been given a technical all-clear to sail up the Suez Canal, but cannot proceed because Egypt has seized the ship while it demands a huge payout.

Ever Given s Insurer Pushes Back on Suez Canal Authority Damages Ask

Satellite image ©2021 Maxar Technologies The Suez Canal Authority has impounded the Ever Given ship and is demanding $916 million in damages. The UK Club, an insurer of the ship, said the demand is largely unsupported. There is no timetable for the ship s release but the insurer said it s working closely with the SCA. The Ever Given s insurer said it was disappointed by the Suez Canal Authority s decision to arrest the ship until it s paid nearly $1 billion after the vessel blocked all shipping traffic for six days in March. The head of the Suez Canal Authority, Lt. Gen. Osama Rabie, said the ship would be held in the Great Bitter Lake indefinitely until the investigation into the shipwreck was completed and $916 million was paid, though he never publicly explained where the estimate came from, nor did he provide a breakdown of expenses from the incident.

Ever Given Fit to Sail, Report Says, but Can t Due to Legal Challenge

Ever Given Fit to Sail, Report Says, but Can t Due to Legal Challenge
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