Egyptian court adjourns in Suez Canal ship case
An Egyptian court on Sunday adjourned a case involving the massive cargo ship that blocked the Suez Canal for nearly a week in March. The Suez Canal Authority (SCA) is currently seeking half a billion dollars from the company that owns the vessel.
The Associated Press reports that the court came to the decision to adjourn after both sides requested more time for negotiations.
The money that the SCA is seeking will be used to cover the costs of salvaging the Ever Given cargo ship. In April, Egyptian authorities seized the ship and demanded its owner, Japanese chartering company Shoei Kisen Kaisha, pay over $900 million in compensation.
“This is the right of the country,” Lt. Gen. Ossama Rabei, head of the SCA, said at the time. “It should get its due.”
This amount that the SCA demanded was later lowered to $550 million. The Ever Given has been kept in Egypt ever since it was freed as the compensation dispute is worked out.