Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B
John Bacon, 01 April 2021
The cost of blocking shipping for almost a week through one of the most crucial waterways on earth apparently comes in at right around $1 billion.
And that’s just the bill Egypt could soon be trying to collect. It does not include damages for the owners of more than 400 boats delayed by the calamity on the Suez Canal, nor compensation that could be sought by companies whose materials or products were on those boats. Continue reading “Article: Suez Canal blockage: Captain of Ever Given not aiding probe; calamity’s cost tops $1B”
