The Egyptian court has removed the arrest from the container ship Ever Given, which blocked navigation on the Suez Canal on March 24.
According to Egyptian media, the request for the cancellation of the arrest was approved by the Ismailia City Economic and Economic Court, which is considering the case.
The administration of the Suez Canal and the company – the owner of the container ship have reached an agreement that after the judge’s verdict, the ship can go in any direction.
Earlier, London-based law firm Stan Marine, which represents the interests of the shipowner, announced the agreement between the parties after extensive discussions with the Suez Canal negotiating committee over the past several weeks.
The text of the agreement reached has not yet been officially disclosed.
Ever Given ran aground in the Suez Canal, one of the world’s most important trade arteries, on March 24 due to reduced visibility amid a sandstorm and inclement weather. Hundreds of ships were trapped in the jam, including oil and LNG tankers.
The damage caused by the Suez Canal incident to the global economy is estimated at billions of dollars. In particular, the daily losses of Egypt are estimated at $ 12-14 million, and the damage caused to global trade – about $ 10 billion.
The container ship was refloated on March 29, and the Suez Canal was again operational for ship traffic.