Suez Canal boss urges stricken vessel’s owner to settle out of court

The Ever Given after it become wedged across the Suez Canal (Suez Cabal Authority/AP)

The Suez Canal chief said authorities are negotiating a financial settlement with the owners of a massive vessel that blocked the crucial waterway for nearly a week.

Lieutenant General Osama Rabie said he hoped talks with Shoei Kisen Kaisha Ltd, the Japanese owner of the skyscraper-sized Ever Given, will conclude without a lawsuit.