The Egyptian authorities have seized the massive container ship that notoriously blocked the Suez Canal for almost a week as the government demands hundreds of millions of dollars in compensation from its owners. This week, an Egyptian court ordered Ever Given's Japanese owner, Shoei Kisen Kaisha, to pay a whopping $900 million in compensation after the vessel blocked the world's most important waterway for six days. {image} The seizure was first reported on Ahram Gate, a state-run website, on Tuesday: Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority (SCA), confirmed in a press statement, today, ... (full story)