Economy

Egypt demands compensation for losses resulting from a ship running aground in the Suez Canal

Cairo (UNA) – The Suez Canal Authority intends to demand more than $6 billion in compensation from the company operating the Ever Given ship due to the losses caused by the suspension of navigation in the canal as a result of the ship running aground and the disruption of navigation for 5 days. Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, explained in televised statements that incentives with discounts ranging from 15 to 800% will be granted to ships affected by the grounded ship according to the waiting period for each one, stressing that about XNUMX people contributed to the completion of the floating of the grounded ship. He stated that the grounded ship in the Suez Canal will not leave Egypt until compensation is paid, explaining that an investigation began on Wednesday to determine the circumstances of what happened. (End)

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