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EVERGREEN MARINE INCIDENT
A year after Suez Canal fiasco, bad luck strikes again for evergreenLast year, the 400-meter-long Ever Given, an Evergreen-chartered ship that is longer than the Eiffel Tower and weighs 220,000 tons, got stu...
Egypt may seek $1 billion in damages for Suez Canal crisisThe 400-meter-long Ever Given ship, owned by Japan’s Shoei Kisen Kaisha Ltd., ran aground on March 23 in the southern part of the canal and...
Shipping lines rerouting vessels as Suez remains blocked“There will be port charges for the cargo which is offloaded at these ports,” said Ramkumar Govindarajan, chief executive officer of Wiz Fr...
Insurers may be on hook for millions tied to Suez Canal crisisThe task of pinning the blame hasn’t been made any easier by the Suez Canal Authority’s rules of navigation. They state that the master of ...
Specialist salvage teams join efforts to refloat ship stranded in Suez CanalTaiwan's Evergreen Marine Corp said Dutch firm Smit Salvage and Japan's Nippon Salvage had been appointed by the ship's owner and would wor...
A traffic jam in the Suez Canal may delay Indian exports by 4-5 daysA huge container ship is stuck on the Suez Canal and it could not have come at a worse time for Indian exporters.
Giant container ship blocks Suez Canal after 'gust of wind' knocks it off courseAbout 12% of the world trade volume passes through the man-made canal, which is a major source of hard currency for Egypt. Tankers have sta...