Shoei Kisen News

Insurer of Ship That Blocked Suez Canal Says Reduced Claim Still High

CAIRO — UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related …

Egyptian Court Rejects Appeal Against Detention of Ship in Suez Canal

CAIRO — An Egyptian court on Tuesday ruled that the container ship which blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention, a judicial source …