Tag: the Ever Given

After Deal, Egypt Releases Ship That Had Blocked Suez Canal

ISMAILIA, Egypt—Egyptian authorities announced the release Wednesday of a hulking shipping vessel that had blocked the Suez Canal for nearly a week earlier this year. The Ever Given left the canal’s Great Bitter Lake, where it had been held for over three months amid a financial dispute. The development came after its Japanese owner, Shoei…


Suez Canal Says Deal Reached to Free Seized Vessel

CAIRO—The Suez Canal Authority on Sunday said it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway for nearly a week earlier this year. The authority did not reveal details on the settlement deal with the Shoei Kisen Kaisha Ltd., the Japanese…