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Egypt seizes huge ship that blocked Suez Canal demanding ₹6,900-crore compensation
short by Anmol Sharma / on Wednesday, 14 April, 2021
Officials in Egypt have seized the 'Ever Given' container ship as authorities in the country demand the ship's owners pay $916 million (₹6,900 crore) compensation for blocking the Suez Canal for several days last month. The ship’s insurer for third-party losses, UK P&I Club, said that it received the claim for $916 million, the size of which is “largely unsupported.”
read more at BloombergQuint