Appeals Court Lacks Authority To Look Into Suez Canal Financial Claims

An Egyptian appeals court said it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March, reports US News.

The authority and the ship’s owner dispute who was at fault when the Ever Given ran aground in the canal linking the Mediterranean Sea and the Red Sea and how much compensation should be paid.

The appeals chamber of the Ismailia Economic Court referred...

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