Japanese shipowner Shoei Kisen Kaisha has lost its appeal against the arrest of the ultra-large containership at the centre of March's Suez Canal blockage.
The UK P&I Club, Shoei's protection and indemnity insurer, said it is now reviewing its options after the decision by the Ismailia court of the First Instance in Egypt.
The insurer has 15 days to file another appeal against the latest ruling.
