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March 28, 2021

Suez Canal container ship partly refloated, authorities line up plans to clear traffic jam, says letter

International Shipping, Trending News
The mega container Ever Given got wedged on March 23 in a single-lane stretch of the canal near the city of Suez, about 6 kilometres north of the southern entrance of the canal. In
March 28, 2021

PPP route for dedicated freight corridors hits funding model roadblock

Railway, Trending News
Inter-ministerial deliberation between NITI Aayog, Ministry of Finance and Ministry of Railways on the funding model for freight corridor PPP and freight asset monetisation has been inconclusive Government’s plan to develop dedicated railway freight
March 28, 2021

As shipping schedules get affected, exporters choose to wait and watch the Suez canal drama

Export - Import, EXPORT, Trending News
The Suez Canal is the primary route for ships moving between India and Europe and the traffic hold-up has begun to affect the tight schedules of commercial shipping lines operating in India. But exporters
March 27, 2021

Attempt to refloat megaship blocking Egypt’s Suez Canal fails

International Shipping, Trending News
An attempt to refloat a megaship blocking Egypt’s Suez Canal failed Friday, the vessel’s managers said, as the crisis forced companies to re-route services from the vital shipping lane around Africa The MV Ever
March 27, 2021

Govt Chalks Out 4-point Plan To Deal With Blockage Of Suez Canal

Shipping, Trending News
The plan was chalked out in a meeting convened by the logistics division, Ministry of Commerce. It includes prioritisation of cargo, freight rates, advisory to ports and re-routing of ships. The government on Friday
March 27, 2021

Ships turn toward Africa on concerns Suez blockage to last weeks

International Shipping, Trending News
ISMAILIA, Egypt (BLOOMBERG) – Ships are beginning costly and time-consuming detours around Africa with the Suez Canal still blocked by a massive container vessel, as concerns mount that a complex rescue mission could extend
March 26, 2021

Crew of ship stuck in Suez canal is Indian, all safe and accounted for, says management company

International Shipping, Trending News
The vessel, Ever Given, has been stuck in the canal since Tuesday and has affected global trade and severe losses. The giant cargo ship that has been stuck in Egypt’s Suez Canal since Tuesday is made
March 26, 2021

Suez Canal Could Be Blocked For Weeks By “Beached Whale” Ship

Maritime, Trending News
EGYPT : A huge container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a
March 26, 2021

Suez Canal block could hit product supply chains. Here’s why?

International Shipping, Trending News
Efforts continued on Thursday to dislodge the EVER GIVEN container ship and restore traffic on the critical man-made waterway that connects the Mediterranean to the Red Sea and provides a shipping shortcut between Europe
March 26, 2021

Companies Consider Alternative Routes, Assess Costs as Suez Canal Blockage Continues

Maritime, Trending News
European and international companies are bracing for possible rising costs and growing supply-chain complications as the blockage of the Suez Canal heads into a fourth day amid signs of still longer backlogs. Retail and manufacturing
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