For six days, the container ship Ever Given blocked shipping through the Suez Canal. After difficult three-month negotiations, the parties came to an agreement – the owner of the vessel will pay $ 540 million. On reaching an agreement, referring to data from the Suez Canal Administration, TASS informs: “It was decided to resolve the […]
Egyptian authorities said they will not release a giant container ship Ever Givenuntil its owners pay nearly a billion dollars in compensation for the chaos the ship has caused. On March 23, it stuck sideways in the middle of the Suez Canal, stopping traffic on one of the busiest trade routes in the world for […]
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 […]
Engineering crews have partially recovered the container ship Ever Given, which had blocked the Suez Canal, in an incident last week. This was reported by the press service of the Suez Canal Administration (SCA). The vessel was successfully refloated at 04:30 local time, while it is under guard, according to Inchcape, which provides maritime services. […]
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 […]
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, […]
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 […]
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 […]