Attempt to refloat megaship blocking Egypt’s Suez Canal fails
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
Crew of ship stuck in Suez canal is Indian, all safe and accounted for, says management company
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
Suez Canal Could Be Blocked For Weeks By “Beached Whale” Ship
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
Suez Canal block could hit product supply chains. Here’s why?
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
Companies Consider Alternative Routes, Assess Costs as Suez Canal Blockage Continues
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
Suez Canal blocked after large container ship runs aground
EGYPT: A large container ship ran aground in Egypt’s Suez Canal on March 23, blocking the crucial international trade artery and causing a major traffic jam of shipping vessels at both ends. Both, the
HMM Takes Delivery of First 16,000 TEU Containership HMM Nuri
SEOUL : HMM has announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been
Container shipping’s orderbook-to-fleet ratio rockets up to 15%
FRANCE : Container shipping’s orderbook-to-fleet ratio, which was in single percentage figures as recently as six months ago, is set to surpass 15% as shipping lines pile on the tonnage with Alphaliner suggesting IMO’s