Tarek El-Tablawy and Alex Longley

Government, Business, Logistics

Egypt Seizes Ever Given Pending $900 Million Compensation

The Ever Given containership along the Suez Canal in March Tug boats pull the Ever Given containership along the Suez Canal after being freed from the canal bank in Suez, Egypt, on March 29. (Islam Safwat/Bloomberg News)

Egypt seized the giant container vessel that blocked the Suez Canal last month as part of an effort to get more than $900 million in compensation.

April 14, 2021