New Compensation Offer Made Over Suez Canal Blockage
Voice of America
ISMAILIA, EGYPT - The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two weeks on Sunday to allow more time for negotiations.
The giant Ever Given container ship has been anchored in a lake between two stretches of the canal since it was dislodged on March 29. It had been grounded across the canal for six days, blocking hundreds of ships and disrupting global trade. The Suez Canal Authority (SCA) demanded $916 million in compensation to cover salvage efforts, reputational damage and lost revenue, before publicly lowering the request to $550 million. The Ever Given's Japanese owners Shoei Kisen and its insurers have disputed the claim and the ship's detention under an Egyptian court order.Palestinians gather at the site of an Israeli strike on a camp for internally displaced people in Rafah on May 27, 2024. Fire rages following an Israeli strike on an area designated for displaced Palestinians, amid the ongoing conflict between Israel and Hamas, in Rafah in the southern Gaza Strip, in this still picture taken from a video, May 26, 2024. Palestinians gather at the site of an Israeli strike on a camp for internally displaced people in Rafah on May 27, 2024. A member of the bomb squad of the Israeli police collects debris after a rocket fired by Palestinian militants struck in the Israeli city of Herzliya on May 26, 2024.
Georgian President Salome Zourabichvili, right, and Prime Minister Irakli Kobakhidze, left, leave a podium after marking Independence Day in Tbilisi, Georgia, May 26, 2024. Demonstrators with Georgian national and EU flags rally during an opposition protest against a foreign influence bill as they mark their country's Independence Day, in the center of in Tbilisi, Georgia, May 26, 2024.