Ever Given ship forbidden to leave the Suez Canal until its owners pay up to $1 billion in compensation for the chaos it caused

This turns up pressure on Ever Given's owner to negotiate a settlement that Egyptian authorities are claiming should be roughly $1 billion for damage to the canal and lost business.....»»

The Suez Canal Authority said this week it plans on widening and deepening parts of the waterway to improve the movement of ships in the area. Container ship Ever Given stuck in the Suez Canal, Egypt on .....»»

The Suez Canal Authority has granted permission for three crew members of the impounded Ever Given container ship to disembark. Lt. Gen. Ossama Rabei, head of the Suez Canal Authority (second right) speaks to other staff.....»»

As unions call for more of the Ever Given's crew to be allowed to leave the ship, the Suez Canal Authority has denied they are being detained. A satellite view of the Ever Given in the Suez Canal.....»»

By one estimate, $9 billion worth of goods are held up for each day the Suez Canal is closed ISMAILIA, Egypt — A skyscraper-.....»»

High-resolution photos taken from space on the morning of March 27, show the stricken vessel and the traffic jam of ships caused by the blocked Suez Canal. Container ship Ever Given stuck in the Suez Canal, Egypt on March.....»»

The MV Ever Given has been wedged in the Suez Canal for more than three days, blocking.....»»

On average, $9.7 billion in goods travels through the canal, which connects Asia and Europe, every day. The Ever Given, trapped in the Suez Canal, Egypt, as of Thursday, March 25, 2021. Suez Canal Authority A c.....»»

Ever Given, a nearly 200-foot-wide and 1,300-foot-long cargo ship, has caused a logjam in the canal, which connects Europe to Asia. A map of Ever Given, the large yellow vessel, stuck in the middle of the Suez Canal and surrounded by.....»»

Several tugboats are working to free the container ship as authorities investigate what caused the mishap. Ever Give.....»»

Ever Given, a nearly 200-foot-wide and 1,300-foot-long cargo ship has caused a logjam in the canal, which directly connects Europe to Asia. Ever Given, the large yellow vessel pictured, stuck in the middl.....»»

Lawyers representing the Ever Given's owner said the ship should have been chaperoned by at least two tug boats, "but this didn't happen." The Ever Given in .....»»

Ever Given's operators are facing mounting pressure to deliver their goods to customers while the ship is trapped in legal limbo in the Suez Canal. The Ever Given, a Panama-flagged cargo ship, is seen in.....»»

Shares of Evergreen Marin.....»»

Wall Street has experienced volatility a number of times since March 2020. COVID-19, GameStop’s activist short squeeze, and the Suez Canal blockage all shook up worldwide commerce. Investment firm........»»

The whole world - including Egypt - made memes about the Ever Given's grounding. They were on the rescue team's mind when the ship was freed. A man waves an Egyptian flag the Ever Given sails in the Suez Canal, Egypt on March 29, 20.....»»

Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal repercussions: What went wrong?.....»»

The massive cargo ship blocking the Suez Canal has finally been freed and the supply chain backup shouldn't take long to resolve itself, former Shell Oil president John Hofmeister told “Cavuto: Coast to Coast” Monday......»»

The container ship that was blocking the Suez Canal has flooded social media with memes.....»»

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