Thursday, October 21, 2021

cargo ship

Giant ship which blocked Suez Canal finally allowed to resume voyage

The total value of goods destined for Europe but still in 18,300 containers on board is said to be worth over US$600 million.

Egypt to seize ship that blocked Suez Canal until US$900 million compensation paid, report says

The Ever Given will be placed under court supervision until the operator fulfils the Suez Canal Authority's demands, report says.

Owner, insurers of grounded Suez ship face millions in claims

Dozens of ships are waiting at both ends of the canal, many with perishable cargoes.

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