#Egypt seizes Ever Given, demands 0M payment

#Egypt seizes Ever Given, demands $900M payment

“#Egypt seizes Ever Given, demands $900M payment” Egypt has impounded the Ever Given — the massive container ship that blocked the Suez Canal and disrupted global commerce for days — while officials negotiate a hefty compensation payment with the boat’s owner, reports say. An Egyptian court allowed the Suez Canal Authority to seize the ship…

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#Suez Canal traffic jam eases further after ship unblocked

#Suez Canal traffic jam eases further after ship unblocked

“#Suez Canal traffic jam eases further after ship unblocked” The maritime traffic jam on both ends of the Suez Canal eased further on Friday, four days after the dislodging of a massive containership that had blocked the waterway, a canal services firm said. On Monday, salvage teams freed the skyscraper-sized Ever Given, ending a crisis…

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#No lawsuits filed against Ever Given owner

#No lawsuits filed against Ever Given owner

“#No lawsuits filed against Ever Given owner” The owner of the enormous ship that jammed the Suez Canal for hasn’t been sued over the blockbuster blockage — at least not yet. Shoei Kisen Kaisha, the Japanese ship-leasing firm responsible for the 40 million-pound Ever Given, told Reuters it hasn’t received any lawsuits or claims for…

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#Massive ship Ever Given ‘re-floated’ in Suez Canal

#Massive ship Ever Given ‘re-floated’ in Suez Canal

“#Massive ship Ever Given ‘re-floated’ in Suez Canal” The massive container ship that has been stuck in the Suez Canal for six days was reportedly back afloat on Sunday night. A top pilot with the canal authority confirmed to the Associated Press that the Ever Given had been partially refloated after running aground last Tuesday…

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#Continued Suez Canal problems costs  billion a day

#Continued Suez Canal problems costs $10 billion a day

“#Continued Suez Canal problems costs $10 billion a day” A massive container ship remains stuck in the Suez Canal for a sixth day on Sunday — hiking the estimated economic damage from the resulting shipping logjam to $60 billion. The crisis is causing commercial losses of about $9.6 billion a day as ships that should…

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