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Last of 400 stranded ships pass through Suez Canal as compensation case looms – ABC News

The last of 400 ships blocked at Egypt’s Suez Canal pass through the waterway, but the Suez Canal Authority says compensation claims could surpass $US1 billion.

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The last of 400 ships blocked at Egypt’s Suez Canal have now passed through the waterway, the Suez Canal Authority (SCA) said.
Key points:

  • 422 ships with a total net load of 26 million tonnes had passed through the canal since it’s reopening
  • The Egyptian government said the vessel will not be released until compensation is settled
  • Insiders said this could be the largest ever container ship compensation case

The canal was blocked on March 23 when the Ever Given — one of the world’s largest container…

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