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Egypt to seek over $1 billion in damages for Suez Canal blockage

Egypt to seek over $1 billion in damages for Suez Canal blockage

Suez Canal Authority head Lt Gen Osama Rabei said Egypt is expecting more than $1 billion in damages after the cargo ship Ever Given blocked the Suez Canal for almost a week. In a phone interview to a pro-government TV show, Rabei also warned that the ship and its cargo will not be allowed leave Egypt if the compensation case goes to court. However, Rabei didn’t specify who would be paying it.

Timothy
Timothy
Slevin Kelevra
Slevin Kelevra 2 weeks

That's not a supertanker. It's a container ship. Big difference.

Noah PaulOG
Noah PaulOG 2 weeks

Just wait until the lawsuits start...

chris
chris 2 weeks

Egypt should have had state farm insurance for the canal.

Michael
Michael 2 weeks

So is Egypt getting 1 billion dollars or are they expected to pay that amount? A little confused with the wording.

(Un)Fortunate Son
(Un)Fortunate Son 2 weeks

They’ve been dredging this thing since it’s creation. Shouldn’t be too much of a problem for Egypt given its significance. The major problem I see for Egypt is the bad flack middle eastern countries get due to the nearby violent political instability: Isis, Boko Haram, Lydia, South Sudan, Israel/Palestine, Tunisia (back when those female hikers were beheaded), Morocco, etc. I hate to say it but the problems of these regions aren’t to do with inequity but with each other. Yes. Blame the British and the French for cultivating this instability and blame the CIA and USSR for selling them copious amounts of weapons. If African and Middle Eastern nations were to industrialize and learn from the successes and failures of Western Europe and make implementations on their own end to integrate groups under one shared identity (What made America so strong until recently. There is now Red State America and “We Hate Red State America” America. “Hate the other” is the barbaric thing championed by “progressives”. They just use fancy terms to make people right of center the bad guys.

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