Egypt will seek $1 billion in compensation due to Ever Given blockade, says Suez Canal authority
Egypt will seek $1 billion in compensation due to Ever Given blockage, says Suez Canal authority The authority’s CEO Osama Rabie, however, did not specify whom the authority will seek the compensation from. Updated Apr 10, 2021 · 09:36 pm Cargo vessel Ever Given after being fully floated in Suez Canal. | Hayam Adel/Reuters The Suez Canal authority has said that Egypt will seek compensation worth around $1 billion for the blockage caused by cargo vessel Ever Given, Bloomberg reported on Thursday. The canal authority’s Chief Executive Officer Osama Rabie on W...
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