Ever Given leaves Suez Canal after settlement contract signed

On May 25, Egypt offered to cut its compensation claim down from $916 million to 550 million dollars against the impounded vessel after the SCA obtained the estimated financial value of the goods on the ship.

The canal earned revenue of 3 billion dollars in the first six months of 2021, up by 8.8 percent compared with the same period last year, despite the Ever Given accident, Rabie said.

Linking the Red Sea and the Mediterranean Sea, the Suez Canal lost 12-15 million dollars in daily revenues during the blockage, according to statistics of the canal authority.