Million of dollars of cargo is still stuck in limbo onboard the MV Ever Given amid an ongoing legal battle almost three months after the giant container ship grounded and blocked the Suez Canal.
The grounding of the 400-meter-long ship Ever Given in the southern section of the Suez Canal on March 23 blocked the waterway for nearly a week, causing a major disruption in global trade flows as it prevented hundreds of ships from passing the world’s major shipping trade route, before it was finally freed six days later.
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To remind, in mid-April, an Egyptian court ordered the seizure of the vessel, along with its 18,300 cargo containers, after the Suez Canal Authority filed an initial $916 million compensation claim against Japanese ship owner Shoei Kisen Kaisha for damages and losses incurred when the ship ran aground in a narrow part of the canal.
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