Egypt Seizes Suez Ship ‘Ever Given’ Pending $900 Million Compensation

  • Insurer U.K. P&I says size of claim is ‘largely unsupported’
  • Ship manager BSM says ship seizure ‘extremely disappointing’

The Ever Given container vessel is towed north along the Suez Canal on March 29.

Source: Suez Canal Authority

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Egypt seized the giant container vessel that blocked the Suez Canal last month as part of an effort to get more than $900 million in compensation.