Egypt 'seizes' megaship Ever Given which blocked the Suez Canal until the owners pay $900MILLION compensation

[fallstuff]

Egypt 'seizes' megaship Ever Given which blocked the Suez Canal until the owners pay $900MILLION compensation


A megaship which blocked Egypt's Suez Canal and crippled world trade for nearly a week has been 'seized' on court orders until the vessel's owners pay $900 million, canal authorities said Tuesday.

The MV Ever Given was seized due to its failure to pay $900 million in compensation, Suez Canal Authority chief Osama Rabie was quoted as saying by Al-Ahram, a state-run newspaper.

The Japanese-owned, Taiwanese operated and Panama flagged vessel got diagonally stuck in the narrow but crucial global trade artery in a sandstorm on March 23, setting in motion a mammoth six-day-long effort by Egyptian personnel and international salvage specialists to dislodge it.



The canal is economically vital to Egypt, which lost between $12 and $15 million in revenues for each day the waterway was closed, according to the canal authority.

The $900 million compensation figure was calculated based on 'the losses incurred by the grounded vessel as well as the flotation and maintenance costs, according to a court ruling handed down by the Ismailia Economic Court,' Rabie added.

He did not explicitly cite the Japanese owners Shoei Kisen Kaisha, but a different source at the SCA said Tuesday that negotiations over damages between that company, insurance firms and the canal authority were ongoing.

Egypt 'seizes' megaship which blocked the Suez Canal

The MV Ever Given was seized due to its failure to pay $900 million in compensation, Suez Canal Authority chief Osama Rabie was quoted as saying by Al-Ahram, a state-run newspaper.

www.dailymail.co.uk

 

[masterchief_mirza]

Japanese-owned, Taiwanese operated and Panama flagged vessel

Lolz. Suppression in full force.

 

[Titanium100]

That is almost 1 billion USD?

 

[RealNapster]

The Japanese-owned, Taiwanese operated and Panama flagged vessel

And manned by indians

 

[yuba]

And manned by indians

Passage through canal taken over by Egyptian crew who pilot it

 

[Beast]

That is almost 1 billion USD?

Suez canal is a money making machine for Egypt. That is why they didn't blame too much of british and france who looted their country many pyramid treasure. Becos suez canal is the baby of the ex colonial product

 

[KAL-EL]

Suez canal is a money making machine for Egypt.

It is also home to the mighty Nile crocodile

 

[yuba]

You are

It how it done I read it somewhere same as the Panama canal which I watched a documentary on. I could be wrong being an Indian scum i was not there but that how normally done. I think the Indians could be drunk on cow piss or munching on curry and roti or rice which they eat with their hands these scum did not use spoons dirty smelly scum

It is also home to the mighty Nile crocodile

Even they wont eat indian scum

 

[Arian]

Suez canal is a money making machine for Egypt. That is why they didn't blame too much of british and france who looted their country many pyramid treasure. Becos suez canal is the baby of the ex colonial product

The Suez Canal is an ancient canal that was rediscovered by Napoleon and was later renovated by the European colonialists, the construction of the canal had been finished by Darius the Great of the Achaemenid Empire more than 2,500 years ago.

 

[Beast]

The Suez Canal is an ancient canal that was rediscovered by Napoleon and was later renovated by the European colonialists, the construction of the canal had been finished by Darius the Great of the Achaemenid Empire more than 2,500 years ago.

The final plough thru for ship to pass completely were carry out by france and UK. They use massive dynamite and years of labour to achieve that feat.

 

[Arian]

The final plough thru for ship to pass completely were carry out by france and UK. They use massive dynamite and years of labour to achieve that feat.

Ships already passed through the canal at the time of Darius:

Saith King Darius: I am a Persian. Setting out from Persia, I conquered Egypt. I ordered this canal dug from the river called the Nile that flows in Egypt, to the sea that begins in Persia. When the canal had been dug as I ordered, ships went from Egypt through this canal to Persia, even as I intended.
— Darius Inscription

 

[Beast]

Ships already passed through the canal at the time of Darius:

Nonsense, it didn't reach the mediterranean

Suez Canal - Wikipedia

en.m.wikipedia.org

 

[Arian]

Nonsense, it didn't reach the mediterranean

Suez Canal - Wikipedia

en.m.wikipedia.org

Is that your proof? An entire article? lol You need to do a lot better. Quote the part you want to emphasize. The part I quoted is also from the same article.

Where do you think Darius means by the sea that begins in Persia? I can't think of any other sea than the Mediterranean Sea.

 

[Beast]

Is that your proof? An entire article? lol You need to do a lot better. Quote the part you want to emphasize. The part I quoted is also from the same article.

Where do you think Darius means by the sea that begins in Persia? I can't think of any other sea than the Mediterranean Sea.

Still it doesn't prove of your claim that the canal is totally passable before the french and british.

Maybe you think the european merchant fleet are foolish enough to round the cape town wasting time and money to trade from europe to asia during all the time before official of suez canal passage?

 

[Arian]

Still it doesn't prove of your claim that the canal is totally passable before the french and british.

Maybe you think the european merchant fleet are foolish enough to round the cape town wasting time and money to trade from europe to asia during all the time before official of suez canal passage?

Well, considering the fact that the Europeans were rediscovering mathematical theorems that we had discovered several centuries ago before the 15th century, that's entirely possible. After all, they hadn't discovered the canal before Napoleon!

And I'm not the one that needs to prove my claim. You're the one that's denying a historical fact. So, the burden of proof is on you, not me.