Egypt Impounds Ever Given Ship Stuck in Suez Canal, Demands $900 Million for Traffic Jam
13th April 2021
Egypt’s Suez Canal Authority (SCA) announced Tuesday that the Ever Given, a cargo ship that wedged itself in the canal late March, had been impounded pending $900 million in compensation.
The figure covers the costs of dislodging and maintaining the ship, along with the losses Egypt bore as a result of the six-day blockage, chairman of the SCA Osama Rabie told local outlet Al-Ahram.
Not unexpected.