Egyptian officials and owners of the giant Ever Given vessel that blocked the Suez Canal earlier this year have reached a preliminary deal over compensation, according to the ship’s representatives.
June 23, 2021Containerships News Updates
Suez Canal, Ever Given Ship Owners Reach Compensation Deal
Suez Canal’s Claim Over Once-Stuck Ship Referred by Court
CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.
May 24, 2021Largest Containership Hits East Coast as Ports See Surge
With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on the morning of May 20, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up.
May 20, 2021World’s Biggest Brands Adopt Checklist to Protect Seafarers
Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.
May 6, 2021Conversation Begins About Who Will Pay for Suez Canal Crisis
The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.
March 30, 2021World’s Other Major Shipping Pileup Is Still Clogging Trade
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal had threatened to tangle Europe’s supply chains.
March 29, 2021Cargo Ship Stuck in Suez Canal Finally Dislodged
SUEZ, Egypt — Workers have successfully set free a colossal containership that for nearly a week has been stuck sideways across the Suez Canal, one of the world’s most crucial arteries for trade, a canal service provider said.
March 29, 2021Blocked Suez Canal Compounds Stress to Supply Chains
Dislodging the container vessel blocking the Suez Canal will take until at least March 31, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.
March 26, 2021Containership Blocking Suez Canal Remains Stuck
A giant containership remains stuck in the Suez Canal, blocking one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods.
March 24, 2021Shipping Container Crunch Shows Signs of Easing, Index Shows
A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.
January 25, 2021Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics