An Egyptian court rejected an appeal by the owner of a giant container ship that blocked the Suez Canal to allow it to leave the country, as a legal dispute over compensation continues. Sunday’s ruling marked the second time Japan’s Shoei Kisen Kaisha Ltd lost a bid to have a seizure order lifted. The Suez Canal Authority is claiming more than $900mn in damages linked to the vital waterway’s six-day closure in March, which roiled shipping markets. The appeals court in the town of Ismailia also referred the SCA’s lawsuit against the Ever Given’s owner back to a lower trial court at the same venue. The next hearing was set for May 29. The SCA’s lawsuit asked for $916mn in compensation. The op
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