Tag: MV Ever Given

• Monday, July 5th 2021 - 07:09 UTC

  Suez Canal blockage: Egypt and Japanese company reach a deal to release vessel

  

  Egyptian authorities and Japan's Shoei Kisen Kaisha finally reached an agreement on compensations for Suez canal lost revenues and the cost of salvaging a huge vessel that blocked the crucial waterway linking Asia with Europe.

• Thursday, March 25th 2021 - 08:00 UTC

  Severe impact on world commerce: traffic at Suez Canal blocked as megaship runs aground

  

  A Panama-flagged cargo ship which ranks among the largest ever built, ran aground sideways late Tuesday in the Suez Canal, hindering all traffic in either direction.