Suez Chief Signs Compensation Deal with Megaship Owner
Egypt's Suez Canal Authority chief on Wednesday signed a final compensation deal with the Japanese owners of the megaship MV Ever Given which blocked the critical maritime artery in March.
"I announce to the world that we have reached a deal," Osama Rabie said, flanked by Egyptian and Japanese flags in a ceremony carried live on Egypt's state television.
Source: Agence France Presse
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