Ever Given released after monthslong seizure by Suez Canal authorities

Published July 7, 2021 2:57pm ET



A Japanese-owned cargo ship Egyptian authorities seized after it ran aground in the Suez Canal was released Wednesday following a settlement between parties.

The Suez Canal Authority seized the Ever Given in April as it argued with the ship’s owner and insurers over how much they owed for the costs associated with the canal’s nearly weeklong blockage.

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