(Reuters) – An Egyptian court has overturned the detention order on the Ever Given container ship, which allows it to be expected to be released from the Suez Canal on Wednesday, a lawyer and legal sources said.
Ever Given's owners and insurance companies announced on Sunday that they had reached an agreement with the Suez Canal Authority on compensation for the ship being grounded in March and blocking waterway traffic. was released on March 29 when SCA pressed for compensation from its Japanese owner Shoei Kisen and its insurance company.
Ahmed Ali, a lawyer representing Shoei Kisen, said on Tuesday that he had been informed of the decision to revoke the order. [1
The 400-meter (430-yard) vessel, one of the world's largest container vessels, will be accompanied by two tugs and two older canal guides, Suez Canal sources said.