The European Association of Freight Forwarders, Transport, Logistics and Customs (CLECAT) has sent a letter to the European Union calling for an investigation into the container transport sector, alleging unfair and discriminatory practices. “Speculation by ocean carriers as a result of their capacity management strategy has allowed them to acquire market power and financial reserve, […]
Tag: container ship
“We did it!”: Container ship “Ever Given” was removed from the shallows
The giant freighter blocking the Suez Canal was torn from the coastline and finally released on Monday, raising hopes that one of the world’s most important shipping routes will quickly recover from the disaster that paralyzed billions of dollars in global trade. Over the course of several hours, other ships, waiting for almost a week […]
The tugs were able to move the ship that blocked the Suez Canal
The first positive news comes on Saturday from the Suez Canal, which was blocked by the giant container ship “Ever Given” since Tuesday. In particular, attempts by tugs to yank the ship allowed the stern to budge, its rudder and propeller working again, said Suez Canal Authority Director Osama Rabia, but he still does not […]
How Onassis got rich after the closure of the Suez Canal
Huge container ship blocked Suez Canal since Tuesday, threatens world trade. However, this is far from the first time the canal has been closed since 1869, when it was opened. Few can remember that another blockade of it, 65 years ago, contributed to the emergence of the myth of Aristotle Onassis. According to Frankie Brady, […]
The largest traffic jam in the world: losses of $ 400 million an hour
A Chinese container ship, 440 m long and 59 m wide, blocked traffic in the Suez Canal. Unable to sail along the logistic artery, the ships formed perhaps the largest traffic jam in history, which, according to analysts, costs $ 400 million an hour. March 25, a huge container ship blocked traffic in the Suez […]
Chinese container ship blocks traffic in the Suez Canal
A huge container ship blocked traffic in the Suez Canal and caused a traffic jam of hundreds of ships. They tried to drag the vessel away in tugs and dig it out with a small excavator – it did not help. The exchange reacted sharply to the incident. A huge container ship has paralyzed traffic […]