Seizure of Cargo Ship by SCA, Upheld by Court

Capt. John
  • The Suez Canal Authority has demanded $916 million in compensation, according to the UK Club, an insurer of the Ever Given.
  • That amount takes into account the salvage operation, costs of stalled canal traffic and lost transit fees for the week the Ever Given blocked the canal.
  • The Economic Court of Ismailia on Tuesday upheld the seizure decision. There was no immediate comment from the vessel’s owner.

A recent AP news sources by Samy Magdy says that Egypt court upholds seizure of ship that...

https://mfame.guru/seizure-of-cargo-ship-by-sca-upheld-by-court/

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