By Reuters Staff

       2 Min Read

       FILE PHOTO: Ship Ever Given, one of the world's largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. REUTERS/Mohamed Abd El Ghany//File Photo

       ISMAILIA (Reuters) -An Egyptian court has lifted the detention order on the Ever Given container ship, allowing its expected release from the Suez Canal on Wednesday, a lawyer and judicial sources said.

       The Ever Given’s owners and insurers announced on Sunday that they had reached a settlement with the Suez Canal Authority (SCA) over compensation for the ship becoming grounded in March and blocking traffic in the waterway.

       The ship has been held under court order in a lake between two stretches of the canal since it was dislodged on March 29 as the SCA pushed for compensation from its Japanese owner Shoei Kisen and its insurers.

       Ahmed Ali, a lawyer representing Shoei Kisen, on Tuesday said he had been informed of the decision to lift the order.

       The SCA has announced that the ship will be allowed to sail on Wednesday, when a ceremony will be held to mark its departure.

       The 400 metre (430 yard) vessel, one of the world’s largest container ships, will be accompanied by two tugs and two senior canal guides, Suez Canal sources said.

       Reporting by Yusri MohamedWriting by Aidan LewisEditing by Jon Boyle and David Goodman

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