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Egypt seized the Ever Given, demanding payment from the owner

Egyptian officials have seized the Ever Given as authorities in the country demand that the ship’s owners pay nearly R15 billion for blocking the Suez Canal for several days last month.

Egypt seized the Ever Given, demanding payment from the owner

Egypt seized the Ever Given, demanding payment from the owner photo credit: businessinsider.co.za

Egyptian officials have seized the Ever Given as authorities in the country demand that the ship’s owners pay nearly R15 billion for blocking the Suez Canal for several days last month.

Suez Canal Authority

Egypt’s Suez Canal authority seized the ship on Tuesday.

Egyptian authorities have now sued the Ever Given’s owner for $900 billion, saying that the ship caused damage to the canal and caused a loss of business.

The owner is in negotiations over compensation.

ALSO READ: After the Ever Given: what the ship wedged in the Suez Canal means for global trade

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