Suez

The giant container ship Ever Given, which blocked the Suez Canal for six days in March, crossed the waterway on Friday for the first time since it left Egypt after the incident. The ship, en route from the UK to China, crossed the canal…
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Egypt’S Suez Canal recorded the highest annual revenue in its history in the year ending June 2021 despite the grounding of the Ever Given container ship in March. Revenues rose to $5.84 billion, compared to $5.72 billion in the…
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Egypt is set to release the MV Ever Given on Wednesday, over 100 days since the megaship was refloated after blocking the Suez Canal for six days, crippling global supply lines and costing billions. The nearly 200,000-ton container…
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The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a week earlier this year have reached an agreement in principle over their dispute with canal authorities, representatives from both sides said…
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The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel’s detention and a compensation claim, a lawyer representing the owner said on Saturday.…
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An Egyptian court is set to deliver its ruling on Sunday following a lawsuit filed by the Egyptian Suez Canal Authority against the owner of the “Evergiven” container ship that closed the vital waterway for nearly a week in March. The…
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The Ismailia Economic Court in Egypt has ruled that the container ship that blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention. The Ever Given, one…
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The Japanese owner of a massive container ship that blocked the Suez Canal for nearly a week, halting billions of dollars in maritime commerce, is asking owners of the freight it is carrying to share the cost of the damages demanded by…
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The head of the Suez Canal Authority (SCA) said he hopes talks will soon yield an agreement with the owner and insurer of a Panamanian container ship that was impounded after it blocked the waterway for six days last month. In a…
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Egypt has welcomed the largest dredger of its kind in the Middle East, the “Mohab Mamish,” on board the heavy transport vessel Xiang Rui Kou. Dredgers are advanced drilling equipment used by the Suez Canal to cleanse the waterway of sand…
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