While the Suez Canal Blockage is resolved, the ordeal of its grounded ship Ever Given is far from over. According to reports, the ship is stuck in the region until and unless the compensation is paid to the canal authorities.
Egypt has asked for heavy compensation for the 6-day blockage which includes the cost of refloating the ship and the revenue loss that happened during the blockage.
The authorities have made it clear that they won’t release the ship or its crew until the shipowner pays the compensation and the investigation gets over.
“The vessel will remain here until investigations are complete and compensation is paid,” said Osama Rabie, chairman of the Suez Canal Authority.
eBlue_economy_Image Credits: suezcanal.gov.eg
“We hope for a speedy agreement. The minute they agree to compensation, the vessel will be allowed to move”, Rabie added.