World News | Ever Given, the Ship That Blocked Suez Canal, Released After Settlement Reached
Get latest articles and stories on World at LatestLY. The Ever Given cargo ship, which blocked the Suez Canal in the month of March, was released on Wednesday after it was allowed leave by Egyptian authorities.
Cairo [Egypt], July 7 (ANI): The Ever Given cargo ship, which blocked the Suez Canal in the month of March, was released on Wednesday after it was allowed leave by Egyptian authorities.
The ship is bound to Rotterdam, Russian news agency Sputnik reported on Wednesday. This comes after the owner and insurers reached a compensation settlement with the canal authority.
Earlier, Egyptian authorities were demanding 550 million US dollars in compensation from the Japanese owner of a cargo ship that blocked the Suez Canal for nearly a week in March.
The Ever Given was stuck in early March, paralyzing the crucial waterway. The ship was refloated on March 29 by a fleet of 15 tugboats. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)