Ever Given's Owner Seeks Help Paying For Damages

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Ever Given's Owner Seeks Help Paying For Damages
The shipowner has been negotiating with Egyptian authorities over the compensation demand, estimated at about $916 million.
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And the Japanese owner of the container ship that blocked the Suez Canal for nearly a week last month is asking freight owners to help cover Egypt's losses. 

The shipowner has been negotiating with Egyptian authorities over the compensation demand, estimated at about $916 million. 

The blockage of the canal brought maritime commerce to a standstill, reportedly costing billions. 

It also added strain to the shipping industry, already under pressure from the pandemic.