Apr 13, 2021, 12:34 PM – Updated on Apr 14, 2021, 12:59 PM
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A court in the city of Ismailia granted a seizure request regarding the Ever Given vessel at the behest of the Suez Canal Authority.
Egypt’s move underscores the legal complications following the container vessel’s grounding on March 23, which closed the canal for six days and roiled shipping markets. Logjams are expected to continue in the coming weeks at major ports such as Singapore and Rotterdam because of disruptions to schedules, according to supply-chain data provider project44.
The 25 Indian crew members remain on board the ship, which is in the Great Bitter Lake, about halfway along the canal.
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Egypt Seizes Suez Ship Ever Given Pending $900 Million Compensation
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