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Dislodged Suez Canal cargo ship held amid $916 million claim
A mammoth cargo ship that blocked the Suez Canal last month is being held in the waterway as authorities pursue a $916 million compensation claim against its owner, according to the vessel’s insurer. The UK Club, an insurer for the Ever Given, said in a statement Tuesday that the ship's Japanese owners received a claim from the Suez Canal Authority (SCA), which runs the canal, on April 7. The claim includes $300 million for "loss of reputation."