World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report July 28, 2021 By Jonathan Saul There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken...
Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’ July 27, 2021 By Felix Njini and John Viljoen Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after...
Global Supply Chains Driven to Breaking Point on New COVID Wave, Natural Disasters July 26, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...
Cyber Attack Disrupts Container Operations at Major South African Port July 23, 2021 By Zandi Shabalala and Tanisha Heiberg JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen...
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...
Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Supply Chains April 9, 2021 By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a...
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...