"Lt. Gen. Ossama Rabei, head of Suez Canal Authority, told Egypt's Sada ElBalad news that Egypt will likely seek $1 billion in compensation for physical and financial damages resulting from the grounding of the massive cargo ship Ever Given. Rabei said the compensation would cover losses from transit fees, the cost of six days of dredging and tugboat activity – and damage to the canal from the dredging."

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