Ever Given to be ‘held’ until compensation agreed, says Suez Canal Authority

The containership Ever Given. Credit: Shutterstock/Martin Lueke

The Suez Canal Authority has said the cargo ship Ever Given could remain in Egypt until the shipowner agrees to pay compensation, which the authority estimates at about $1bn. In an interview last week, head of the Suez Canal Authority Ossama Rabei said the estimate includes the cost of the week-long salvage operation to free the vessel, lost transit fees…

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