Egypt seizes Suez ship 'Ever Given', demands $900 million compensation

'Ever Given', the large ship which blocked the Suez Canal and choked world trade for nearly a week, has been 'seized' on court orders by Egypt. The vessel's owners have been asked to pay $900 million as compensation.

The megaship which blocked Egypt's Suez Canal and crippled world trade for nearly a week has been "seized" on court orders until the vessel's owners pay $900 million, canal authorities said Tuesday. The 200,000-tonne MV Ever Given got diagonally stuck in the narrow but crucial global trade artery in a sandstorm on March 23, triggering a mammoth six-day-long effort by Egyptian personnel and international salvage specialists to dislodge it.