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Suez Canal to seek over USD 1bn compensation for losses caused by stuck ship
Updated On: 02 April, 2021 11:49 AM IST | Cairo | IANS
It was refloated six days later through the efforts of the SCA in cooperation with the Dutch firm Boskalis and its emergency response team SMIT Salvage hired by Ever Given's owner.
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Egypt resumed navigation in the canal several hours after the Ever Given was freed and re-floated on Monday. Pic/AFP
Egypt's Suez Canal Authority (SCA) said that it will seek over USD 1 billion in compensation for the losses caused by the massive container ship which had blocked the vital waterway since March 23.
The compensation for the losses and damages "will reach over USD 1 billion dollars" Xinhua news agency reported citing SCA chairman Osama Rabie as saying.
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