Egypt seizes Ever Given over owner's 'refusal to pay £6

Egypt seizes Ever Given over owner’s ‘refusal to pay £655m compensation’
Joe Middleton
© Provided by The Independent
Egypt has impounded the Ever Given amid a financial dispute with the owners of the massive cargo vessel which blocked the Suez Canal last month.
The hulking container ship will not be allowed to leave the country until a compensation amount has been settled on with the ship’s Japanese owner, Shoei Kisen Kaisha Ltd, said the authority which manages the waterway.
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He did not confirm how much money the canal authority was seeking, however a judicial official said it was demanding at least 900 million dollars (£655 million).

Related Keywords

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