Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete.
Decision on vessel departureEgypt will release the giant container ship, that had blocked the Suez Canal for nearly a week, once a deal is reached on compensation for related losses, reports Bloomberg Quint.
“The ship is ready,” Osama Rabie said in an interview on Egyptian television. Once “we agree on compensation, the ship departs and the matter is closed.”
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