Settlement agreed over ship that blocked Suez Canal ...Kuwait

A representative of the owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday that a formal settlement had been agreed with the canal authority to allow the vessel to be released. The Suez Canal Authority (SCA) has held the giant ship and its crew in a lake between two stretches of the waterway since it was dislodged on March 29, amid a dispute over a demand for compensation by the SCA. The Japanese-owned Ever Given had become stuck in high winds and remained wedged across the canal for six days, disrupting global trade. "Preparations for the release of the vessel will be made and an event marking the agreement will b

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