New compensation offer made over Suez Canal blockage: Lawyer

The Ever Given, one of the world's largest container ships, is seen after it was fully floated in the Suez Canal on Mar 29, 2021. ISMAILIA, Egypt: The owners of a giant container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, a lawyer for the authority said on Sunday .

The Ever Given container ship has been anchored in a lake between two stretches of the canal since it was dislodged on Mar 29. It had been grounded across the canal for six days, blocking hundreds of ships and disrupting global trade.The Suez Canal Authority demanded US$916 million in compensation to cover salvage efforts, reputational damage and lost revenue, before publicly lowering the request to US$550 million.

The Ever Given's Japanese owners Shoei Kisen and its insurers have disputed the claim and the ship's detention under an Egyptian court order.

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