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#compensation

The Ever Given, the ship which blocked the Suez Canal last month for a period of six days, has been impounded by the Egyptian authorities in the wake of a financial dispute with the ship’s owners. Head of the Suez Canal Authority Osama Rabie stated that the Ever Given would not be permitted to leave Egypt until a compensation agreement was reached with the vessel’s Japanese owner, Shoei Kisen Kaisha Ltd. The impounding came after a local court order allowing…