Egypt Impounds Ever Given Ship Over Suez Canal Compensation Dispute ...Egypt

Image Credit: Mohamed Elshahed via AP News The Ever Given, the ship which blocked the Suez Canal last month for a period of six days, has been impounded by the Egyptian authorities in the wake of a financial dispute with the ship’s owners. Head of the Suez Canal Authority Osama Rabie stated that the Ever Given would not be permitted to leave Egypt until a compensation agreement was reached with the vessel’s Japanese owner, Shoei Kisen Kaisha Ltd. The impounding came after a local court order allowing Egyptian authorities to hold the ship. According to AP News, when Rabie was asked if the ship’s owner was at fault he agreed, stating “Of course, yes.” He declared in a television interview that

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