Suez Canal – Settlement reached to release ship that blocked Suez Canal (Al Jazeera)

July 5, 2021

The Suez Canal Authority says it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway in Egypt for nearly a week earlier this year.

The authority did not reveal details on the settlement deal with the Shoei Kisen Kaisha Ltd., the Japanese owner of the Ever Given. It said the deal will be signed in a ceremony in the Suez Canal city of Ismailia on Wednesday.

Settlement reached to release ship that blocked Suez Canal | Business and Economy News | Al Jazeera

The vessel ran aground in the single-lane stretch of the canal on March 23 before it was extracted six days later [File: Bloomberg]

The vessel ran aground in the single-lane stretch of the canal on March 23 before it was extracted six days later [File: Bloomberg]

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Suez Canal – Settlement reached to release ship that blocked Suez Canal (Al Jazeera)

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