Given the Covid-19 pandemic and all the ensuing supply-chain hiccups, international trade didn’t really need another headache back in 2021. But on March 23 it got a migraine: The Ever Given, a 219,000 ...
The unprecedented 2021 revenues came as the shipping industry is still under pressure from two years of the coronavirus ...
The Suez Canal is one of the most important trade routes in human history, connecting Europe, Asia, and the global economy ...
The Ever Given has begun its journey out of the Suez Canal more than three months after it ran aground, clogging up one of the world's most vital trade arteries and disrupting global supply chains.
A deal to release the Ever Given could soon be reached, freeing the quarter-mile-long container ship and the hundreds of millions of dollars worth of cargo it was carrying when it blocked the Suez ...
ISMAILIA, Egypt — Suez Canal authorities have announced the release of a hulking shipping vessel that blocked the crucial east-west waterway for nearly a week earlier this year. The Ever Given is ...
Five days after a skyscraper-sized container vessel was dislodged from the Suez Canal, the backlog of ships waiting to cross through the Egyptian waterway has been cleared, the canal authority says.
The world’s biggest shipping company said Monday it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by a hulking ...
Another ship has run aground in the Suez Canal, Egypt, mirroring last year’s debacle with the Ever Given, reports Reuters. The ship in question is the Affinity V, a large Singapore-flagged oil tanker ...
Following the disruption that cost the global economy an estimated $400 million an hour, ocean freight carriers and supply chain executives were breathing a sigh of relief Monday after the Suez Canal ...
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