Egypt seizes ship that blocked Suez Canal; asks for compensation of about $1bn - Face2Face Africa

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Egypt seizes ship that blocked Suez Canal; asks for compensation of about $1bn - Face2Face Africa

If the owners of the Ever Given cargo vessel that blocked the Suez Canal for almost a week do not pay Egypt's Suez Canal Authority (SCA) a sum of $916 million, the ship will continue to be held by the North Africa authorities, reports say. Earlier on Wednesday, Bernhard Schulte Shipmanagement (BSM), the managers of...

The post Egypt seizes ship that blocked Suez Canal; asks for compensation of about $1bn appeared first on Face2Face Africa.

Source: Face2Face Africa - The Premier Pan-African Voice

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