Breaking : EVER GIVEN ship mostly freed in the Suez Canal, authority confirms
CAIRO, EGYPT : The EVER GIVEN container ship which was stucked in the Suez Canal since last Tuesday has been successfully refloated after being stranded in the Suez Canal for almost a week,authorities say, following an
Govt Chalks Out 4-point Plan To Deal With Blockage Of Suez Canal
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
Ships turn toward Africa on concerns Suez blockage to last weeks
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
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
Govt hopeful of resolving Iran’s currency issue by next month; export to resume soon
NEW DELHI: As India’s export of commodities like sugar to Iran has been hit due to Tehran’s rupee reserves shortage with Indian banks, the government recently said the two nations are negotiating for the