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SUEZ CANAL BLOCKAGE
What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...- Cyber Alert: Companies rush to fortify systemsRubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring ...
- Maersk sues Evergreen over 2021 blocking of Suez CanalThe Copenhagen-based shipping company said the claim is related to losses suffered during the canal’s blockage.
- Suez Canal traffic 'normal' after stuck vessel refloatedTugboats "have begun towing the ship" which had suffered "a sudden technical failure" and was now being safely towed away for repairs, said...
- Egypt to raise Suez Canal transit fees for ships in 2023The Suez Canal Authority said that it will add 15% to the fees for tankers carrying oil and petroleum products, and 10% for dry bulk carrie...
- Another tanker briefly blocks Egypt's Suez canalLast year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week.
- Early agreement reached in dispute over Suez Canal shipStann Marine, the lawyers representing the vessel's owners and insurers, and a spokeswoman for the Suez Canal Authority both confirmed the ...
- What compensation to pay for Suez Canal blockage? It's still being decided
- Egyptian court delays hearing in Suez container ship compensation caseThe Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in bo...
- Egypt offers to cut compensation claim for blocking of Suez CanalThe blockage roiled shipping markets because hundreds of vessels had to wait for the canal — which can shave two weeks off a journey betwee...
- Suez Canal Authorities say backlog of ships is now clearedThe canal normally handles around 50 ships a day, but had to increase that figure to 80-90 to clear the backlog.
- Suez Canal shipping backlog ends, days after giant vessel freedOsama Rabie, chairman of the Suez Canal Authority (SCA), said 85 ships were expected to pass the canal from both sides on Saturday. They wi...
- Suez Canal races to clear backlog as shipping convoys resumeShipping convoys through the canal resumed on Monday evening after tugs pulled the 400-metre-long (430-yard) Ever Given container carrier f...
- Suez blockage ends, but Indian crew may face legal chargesWith the container ship ‘Ever Given’ that had blocked the Suez Canal since March 23 wrenched free from the sandy bank by tug boats on Monda...
- Your coffee could get dearer due to Suez Canal blockageReports said ships of Robusta coffee -- used by Nescafe -- have got caught up in the blockage.
- Suez Canal head says considering discounts for ships affected by blockageThe Suez Canal Authority is considering discounts for vessels affected by the blockage caused by a stranded container ship, its chairman sa...
- Suez Canal blockage may choke India’s trade, supply chainIndia’s shipments of oil, textiles, furniture, cotton, auto components and machine parts to Europe, North America and South America could g...
- Four-pronged plan to deal with Suez Canal blockage, says Indian governmentThis route is used for Indian exports/imports worth $200 billion to/from North America, South America and Europe and includes petroleum goo...
- Oil jumps 4% on fears Suez Canal blockage may last weeksBrent crude rose $2.37, or 3.8%, to $64.32 a barrel at 10:57 a.m. EDT (1457 GMT), after dropping 3.8% on Thursday.
- Commodity strategies: Gold, silver, crude, base metalsThe precious metals have kept to firm trading range supported by pandemic worries with lockdown in Germany and other parts of the Europe. T...
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