The authorities in charge of the waterway said that a tugboat sank and a cew member had gone missing after the vessel collided with a tanker. A salvage team had located the wreckage following the accident and the waterway was being cleared and the team rescued six of the seven...
Evergreen ship runs aground
The Ever Forward ran aground in the Chesapeake Bay in the US.
Suez Canal revenues hit all-time high of $6.3bn in 2021
The revenues rose by $720 million, or 12.8 percent, in 2021 compared to 2020 when they were $5.6 billion.
What were the top geopolitical events of 2021?
The year 2021 was, despite the dampened activity due to the Covid-19 pandemic, chock-full of landmark events.
Ever Given sails through Suez Canal again
Ever Given, the ship that caused the closure of the Suez Canal for six long days in March, has crossed the waterway on Friday for the first time since it left Egypt after the incident.Ship that blocked Suez to be released
The 200,000-tonne MV Ever Given got stuck diagonally across the canal during a sandstorm on March 23 Egypt retained the ship seeking compensation from Japanese firm Shoei Kisen Kaisha for lost canal revenues The megatanker Ever Given that Egypt has retained since it blocked the Suez Canal in March is...
Egypt, Ever Given continue to spar over compensation for Suez blockage
The Suez Canal Authority (SCA) claimed more than $916 million in damages, but out-of-court negotiations lowered the figure to $550 million
No jurisdiction to decide Suez Canal claims: Egyptian court
The court refers the dispute between the Suez Canal Authority and Ever Given to a lower court The ship company blames the canal authority for the vessel’s grounding An Egyptian appeals court, according to media reports, on Sunday said it lacks jurisdiction to look into the Suez Canal Authority’s demands...
