Africa News of Thursday, 1 April 2021
Source: reuters.com
Six-day Suez Canal blockade could cost over $1 billion - Top official
The giant Ever Given ship's blockage of the Suez Canal lasted six-days
The chairman of the Suez Canal Authority said on Wednesday, in an interview with Egypt’s Sada El-Balad TV, that losses and damages from the Ever Given blockage could reach around $1 billion.
“The amount of damage and losses, and how much the dredgers consumed, will be calculated. Estimates, God willing, will reach a billion dollars and a little bit more, this is the country’s right,” the chairman, Osama Rabie, said.
