Multi-million dollar Suez Canal compensation case adjourned
SHARE An Egyptian court has adjourned a compensation hearing to allow more time for a negotiated multi-million dollar settlement over the container ship that blocked the Suez Canal. The dispute revolves around the amount that the Suez Canal Authority for losses caused when the vessel The court in Ismailia town postponed the hearing to June 20 after requests from lawyers representing the Suez Canal Authority and the owner of the 400-metre-long Ever Given. “There are endeavours to reach a settlement and because they are good clients, we are asking the court to postpone to negotiate and st...
Source: thenationalnews.com