An agreement has been reached to release the ship that blocked the Suez Canal

The container ship Ever Given, which has been detained in Egypt since the end of March after the Suez Canal was blocked, will be released on Wednesday. According to an SCA report released on Sunday, July 4, a compensation agreement has been reached between the ship’s owner, the Japanese company Shoi Kisen, and the Suez Canal Authority (SCA), which manages the maritime route. A ceremony to celebrate is scheduled for Wednesday “Signing the Contract” And this “Departure”, Was detained at Amar Lake by Egyptian authorities and quoted in the text.

For his part, the ship’s owners and insurers’ representative, Foss Pirmohamed, a consulting firm in London called Stan Marine, added: “Good progress has been made and a proper solution has been found”. “Arrangements for departure begin”, He continued.

No information has been released on the amount of compensation. Initially asking for $ 916 million, Cairo closed for $ 550 million (approximately 1 461 million) before reducing this amount to $ 600, and last March, the canal’s traffic passed nearly 10% of world maritime trade. A total of 422 ships, carrying 26 million tons of cargo, were stranded for six days, and one SCA employee died as a result of the ship’s modification.