Shipping Containers Plunge Overboard as Supply Race Raises Risks April 27, 2021 By Ann Koh Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate,...
Insurer for Ever Given Container Ship Appeals Detention by Egypt After Suez Grounding April 23, 2021 LONDON – UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in...
Seized Suez Ship Declared Fit for Onward Passage (Once Compensation Is Paid) April 14, 2021 CAIRO – The cargo vessel that blocked global shipping in the Suez Canal and is caught in a legal dispute...
Update: Egypt Seizes Container Ship that Blocked Suez, Pending $916M Compensation April 13, 2021 By Tarek El-Tablawy and Alex Longley Egypt seized a giant container vessel that blocked the Suez Canal last month as it sought compensation of more than...
Suez Canal Authority Still in Talks About Compensation for Grounding of Container Ship April 12, 2021 By Abdel Latif Wahba Egypt is still in talks about compensation stemming from the operations to free the giant container ship whose stranding in...
Huge Ship That Blocked Suez Canal Will Be Held Until Compensation Deal Is Reached April 9, 2021 By Mirette Magdy Egypt will release the giant container ship that had blocked the Suez Canal for nearly a week once a deal...
Reinsurers Will Bear Most of Costs of Container-Ship Grounding in Suez Canal April 8, 2021 By Jonathan Saul and Carolyn Cohn LONDON — Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic...
Egypt Seeks Out-of-Court Settlement with Owners of Huge Ship that Blocked Suez Canal April 7, 2021 By Samy Magdy ISMAILIA, Egypt – The Suez Canal chief said Tuesday that authorities are negotiating a financial settlement with the owners of...
Suez Canal Must Upgrade to Avoid Future Shipping Disruption: Sources April 5, 2021 By Jonathan Saul and Patrick Werr CAIRO – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping...
Formal Investigations Begin into How Container Ship Ran Around in Suez Canal March 31, 2021 ISMAILIA, Egypt – Formal investigations into how the giant container ship Ever Given ran aground in the Suez Canal, shutting...