Egypt’s Suez Canal to seek over $1 bln compensation for losses caused by stuck ship
Published 02 Apr,2021 via Daily News Egypt - Egypt’s Suez Canal Authority (SCA) will seek over $1bn in compensation for the losses caused by the container ship Ever Given that was stuck in the waterway and blocking navigation for six days, SCA chairperson Osama Rabie has said.
The compensation for the losses and damages “will reach over 1 billion dollars,” Rabie told a local TV channel on Wednesday. “This is the right of the state and we will not give it up.”
The 224,000-ton Panama-flagged ship was grounded in the vital Suez waterway on March 23 and was refloated six days later through the efforts of the SCA in cooperation with the Dutch firm Boskalis and its emergency response team SMIT Salvage hired by Ever Given’s owner.
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Daily News Egypt