Egypt ‘seizes’ Ever Given megaship which blocked the Suez Canal until owners pay $900M compensation
A megaship which blocked Egypt’s Suez Canal and crippled world trade for nearly a week has been ‘seized’ on court orders until the vessel’s owners pay $900 million, canal authorities said Tuesday. The MV Ever Given was seized due to its failure to pay $900 million in compensation, Suez Canal Authority chief Osama Rabie was … Read more