CAIRO – 23 April 2021: The Shoei Kisen Kaisha, the Japanese owner of the seized vessel “M.V. EVER GIVEN” in the Suez Canal, filed on Thursday an appeal before the Ismailia court of first instance against a decision of arresting the ship and her cargo, announced the insurance company (UK P&I Club) in a statement on Friday. An economic court in Ismailia governorate issued on April 13, 2021 a decision to officially arrest the ship until paying $ 916 million in compensation. The insurance company added in its Friday statement that it was impossible to “resolve this matter” without filing the appeal against the decision, noting that a hearing of the appeal by the First Instance Court has been set on May 4, 2021. “The ‘Ever Given’ interests will continue to negotiate in good faith with the SCA to reach an amicable resolution.

Source: Egypt Today April 23, 2021 15:00 UTC