Dispute over blockade of Suez Canal settled

An agreement has been reached in the dispute over the blockade for days of the Suez Canal by the freighter Ever Given. The container ship is to be released this Wednesday, a spokesman for the Japanese ship owner Shoei Kisen Kaisha said on Monday. He did not give details of the agreement with the Egyptian canal authority. After weeks of extensive negotiations, an "agreement in principle" had been reached, the British law firm Stann Marine recently announced. It represents the owners and insurers of the Ever Given. Osama Rabea, the head of the Suez Canal Authority, also refused to announce any d...