Egypt may file $1bn claim for Suez Canal calamity

Egypt could be lining up a $1bn claim in damages after the 20,388 teu giant container vessel caused a traffic jam in the Suez Canal for almost a week. Ossama Rabei, head of Suez Canal Authority, told Egypt’s Sada ElBalad news he estimates the above-mentioned figure would compensate for losses associated with transit fees, damage …

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