Court Kicks Back Suez Ship Case
At first, the Suez Canal Authority demanded $916 million in compensation, which was later lowered to $550 million.
May 24th, 2021
In this March 30, 2021 file photo, the Ever Given, a Panama-flagged cargo ship, is anchored in Egypt s Great Bitter Lake. An Egyptian appeals court on Sunday, May 23, 2021, said it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the the seizure of the massive Ever Given that blocked the waterway in March. The authority and the ship s owners are in dispute as to whose fault it was that the ship ran aground and how much compensation should be paid.
Court Kicks Back Suez Ship Case
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