The article says the parent company is in financial difficulties, and the individual in question was basically being held for ransom (along with the ship). Depending on the ordering of debts (for the company), they may not have been able to compensate the Egyptians.
All of that being said, I agree an American company likely would have had this sorted out faster, because the USA tends to deal with bankruptcies and the like very quickly.
All of that being said, I agree an American company likely would have had this sorted out faster, because the USA tends to deal with bankruptcies and the like very quickly.