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Africa North
Egypt 'Seizes' Suez Megaship, Demands Nearly $1 Bln Compensation
2021-04-14
[PUBLISH.TWITTER]
Posted by:Fred

#4  The $1billion is the opening position of a souk negotiation. Nobody expects that will be the number on the check when its finally cut.
Posted by: trailing wife   2021-04-14 20:59  

#3  Goin for the deep pockets.
Posted by: Skidmark   2021-04-14 16:18  

#2  Egypt lost no revenue, only delayed, from ships that were backed up. They only lost money on ships that decided to go around Africa and the cost of freeing that cargo ship.

Posted by: Phavimp Smith9261   2021-04-14 13:14  

#1  Fpx; Egypt has seized the container ship that last month blocked the Suez Canal..., amid a dispute over how much compensation the country is owed following the weeklong shutdown of the waterway.
The move turns up pressure on Ever Given's Japanese owner to negotiate a settlement that Egyptian authorities are claiming should be roughly $1 billion for damage to the canal and lost business...
Posted by: b   2021-04-14 09:39  

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