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Wednesday, June 23, 2021

Early agreement reached in dispute over Suez Canal ship

The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a week earlier this year have reached an agreement in principle over their dispute with canal authorities, representatives from both sides said on Wednesday. Stann Marine, the lawyers representing the vessel's owners and insurers, and a spokeswoman for the Suez Canal Authority confirmed.

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