Megatanker that blocked Suez Canal to be released ...Middle East

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CAIRO: The megatanker retained by Egypt since it blocked the Suez Canal in March will be released Wednesday, after the authority that manages the vital waterway said a deal was reached with its Japanese owners.The MV Ever Given - a behemoth with deadweight tonnage of 199,000 - got stuck diagonally across the canal during a sandstorm on March 23, blocking the trade artery for six days before salvage teams could dislodge it.Egypt retained the vessel seeking compensation from Japanese firm Shoei Kisen Kaisha for lost canal revenues and the cost of salvaging it and for damage to the shipping lane that links Asia and Europe.The Suez Canal Authority said in a statement that a ceremony would be hel

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Last updated : 05 July 2021 clock 07:00 AM

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Megatanker that blocked Suez Canal to be released ...Middle East

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