China News Service, April 14th. According to comprehensive foreign media news, Egypt's "Pyramid" reported on the 13th that the "Long Grant" freighter that had caused congestion in the Suez Canal for many days had been detained by the court until it paid 900 million US dollars in compensation .
According to the report, the chairman of the Suez Canal Authority Rabie said: “The Long Grant was seized for failing to pay US$900 million in damages.” He pointed out that according to the court seizure order, the US$900 million in compensation was based on The losses caused by the "Long Give" stranded, as well as the rescue and repair costs are calculated.
Rabbiye did not specify the object of the Egyptian claim, but AFP quoted another source from the Suez Canal Authority as saying that the Japanese shipowner of the "Nagagi", the insurance company, and the canal authority are discussing Negotiations for damages.
The heavy freighter "Longci" flying the Panamanian flag ran aground on the new channel of the Suez Canal on March 23, causing a blockage of the channel.
After several consecutive days of rescue, the stranded freighter successfully floated off on March 29 and is still staying in the berth on the Suez Canal.
The Egyptian side and the freighter management are investigating the cause of the accident.
The Suez Canal is located at the key point of the intercontinental zone of Europe, Asia, and Africa, connecting the Red Sea and the Mediterranean Sea.
The income from the canal is one of the main sources of Egyptian national fiscal revenue and foreign exchange reserves.