Egypt seizes ship that blocked Suez Canal over $900m compensation claim
Egypt will impound the giant container ship that blocked the Suez Canal last month until its Japanese owner pays $900m (£652m) in compensation./ One of the Ever Given's insurers, UK Club, said the Suez Canal Authority had rejected its offer to settle the claim./ It described the claim, which includes $300m for a salvage bonus and $300m for loss of reputation, as "extraordinarily large" and "largely unsupported"./ The Ever Given is anchored in the Great Bitter Lake, the canal's midway point./ The 400m-long (1,312ft), 220,000-tonne ship ...
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