Report: Egypt to seek over $1 billion in compensation for Suez blockage
Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Ever Given and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local reporters. The compensation is also expected to cover the costs incurred for the massive …
Report: Egypt to seek over $1 billion in compensation for Suez blockage Read More »
