Under a settlement deal, MV Ever Given ship moves towards the Mediterranean Sea after Cairo and the vessel’s Japanese owner reach an agreement on an undisclosed compensation amount.
Suez Canal Authority held the giant ship and its crew in a lake between two stretches of the waterway since it was dislodged on March 29, amid a dispute over a demand for compensation.
Japanese owner says facing “extreme difficulty” refloating ship stuck in Suez Canal, with at least 150 vessels, waiting to pass after the skyscraper-sized cargo vessel was wedged across the vital waterway, imperilling global shipping.
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