Ever Given, the huge container ship that got lodged across the Suez Canal, has been seized by Egypt. The Suez Canal Authority (SCA) is demanding US900mil in compensation from the shipowner.
CAIRO (Bernama): An Egyptian court has ruled that the Ever Given container ship be seized until its owner pays US$900mil (RM3.72bil) to the Suez Canal Authority (SCA) in compensation for blocking the critical waterway for almost one week, Sputnik quoted the Shorouk News newspaper report, citing sources.
The temporary confiscation was requested by the SCA in a suit filed with the Ismailia economic court. The canal authority asked that the ship not be allowed to move until all salvage and maintenance expenses, as well as lost traffic fees, are paid in full for the six-day period that Ever Given had disrupted the navigation.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
