After the compensation crisis between the Suez Canal Authority and the shipowner has been resolved and resolved amicably between the parties, the giant container ship "Iver Given" is set to sail again, tomorrow Wednesday,; More than 3 months after it drifted in the Suez Canal waterway.

The Egyptian Suez Canal Authority announced a settlement with the Japanese owner of the container ship Evergiven.

Today Tuesday, the Ismailia Court ordered the lifting of the reservation imposed on the ship last April, following a dispute between the Canal Authority and the owner of the ship, over the amount of compensation; The Suez Canal Authority requested USD 916 million, while the company refused this amount, considering it "excessive."

Tomorrow, the settlement contract will be signed at a ceremony attended by ambassadors of a number of States and international partners; During this ceremony, the Channel will authorize the ship to sail again for whatever destination it wants.

The Panel did not declare the value of the settlement approved, but media reports indicated that it amounted to $540 million and that a $70 million locomotive was donated to the Suez Canal Authority.

Evergeven ran aground in the Suez Canal waterway on 23 March last; The galactic navigation of the Channel was completely closed, the traffic stopped completely, and hundreds of ships packed behind it.

This incident attracted the attention of the entire world, resulting in a disruption and delay in the movement of world trade. The ship's towing and floating operations lasted six days of continuous operation; Following its float, the Suez Canal Authority announced the sinking of one of the lentils and the death of one of the workers.

The company owning the ship and the Suez Canal Authority went to court; The company demanded that the vessel be lifted, which was rejected by the Authority, which confirmed its attachment to the vessel, until the payment of compensation.

Last month, a team appointed by the Suez Canal Authority began negotiating with the ship's owners to try to reach an amicable agreement; They called on the Court to adjourn the case several times, until the conclusion of a peaceful settlement.

The Ivy Given is 400 metres long and 59 metres wide; With a total tonnage of about 220,000 tons. It passes through the Suez Canal about 10 percent of international trade, and about 12 percent of the world's oil trade.