Spotlight

Damages paid to Suez Canal Authority by Ever Given's insurers kept secret

Rescue vessels work at the site of the stuck container ship Ever Given on the Suez Canal, 28 March 2021.
Rescue vessels work at the site of the stuck container ship Ever Given on the Suez Canal, 28 March 2021. © Suez Canal Authority/MaxPPP/Newscom/MaxPPP
In July 2021, four months after the blocking of the Suez Canal by the Ever Given, Egypt received damages after finally agreeing to set the container ship free. The authorities in Cairo preferred, however, not to reveal the heavily reduced amount of compensation paid. [...] (580 words)
Issue dated 20/10/2022 Reading time 3 minutes
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