on Tuesday 13 April, 2021

Ship insurer says Egypt seeking $916 million over Suez Canal blockage

LONDON (Reuters) - One of the insurers of the container ship that was stuck in the Suez Canal last month for nearly a week said on Tuesday that Egypt had filed a compensation claim for $916 million against Japanese owner Shoei Kisen.

UK Club, the protection & indemnity (P&I) insurer for the Ever Given, said in a statement it was disappointed that the ship and its crew were being held in the canal until compensation was paid.