The cargo ship that caused traffic jam by blocking the Suez Canal MV Ever Given has officially been confiscated according to the Chairman of the Suez Canal.
Osama Rabie, chairman of the Suez Canal, told media that the MV Ever Given has been confiscated after the operating company refused to pay $900 million in compensation for blocking the canal.
The compensation is for making up for the losses companies made and for the cost of refloating the ship MV Ever Given after being stuck across the canal for six days.
On March, 29 after being freed, MV Ever Given was escorted to Bitter Lakes for black box analysis, crew interrogation and technical inspection.
The outcome of the investigation will be released on 15 April. It is estimated that 18,000 ships cross the canal every year and the Suez Canal Authority has 17,000 employees.
Maritime Fleet
The Suez Canal Authority operates a maritime fleet of boats, dredgers and tugboats to efficiently conduct their work.
It was impressive to learn that when MV Ever Given was still stuck, a total of 422 ships cross the canal.
The Suez Canal was opened in 1869.
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