Suez Canal News

Shipping Firm Maersk Preparing for Resumption of Red Sea Voyages After Attacks from Yemen

FRANKFURT, Germany (AP) — Shipping firm Maersk says that it`s preparing to allow vessels to resume sailing through the Red Sea, thanks to the start of a U.S.-led multinational naval operation to protect shipping from attacks by Houthi rebels in …

Maersk Sues Evergreen over 2021 Blocking of Suez Canal

CAIRO (AP) — The world’s biggest shipping company said Monday it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by a hulking vessel two years …

Officials: Grounded Ship Refloated in Egypt’s Suez Canal

CAIRO (AP) — A cargo ship carrying corn that went aground early on Monday in the Suez Canal was refloated and traffic through the crucial waterway was restored, Egyptian authorities said. Adm. Ossama Rabei, head of the Suez Canal Authority, …

Ever Given Ship Resumes Voyage After 112 Days in Egypt’s Waters

The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local time following inspections at Port Said, a canal source said on Tuesday. Ship tracker MarineTraffic showed the Ever Given to …

Owners, Insurers Reach Settlement to Release Ever Given Ship That Blocked Suez Canal

ISMAILIA, Egypt — The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had been agreed in a compensation dispute, and the canal authority said the vessel …

Agreement in Principle Reached Over Suez Canal Ship Dispute

ISMAILIA — The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached agreement in principle in a compensation dispute with the canal authority, their representative and the canal’s chairman said on Wednesday. …

Amid Dispute, Suez Canal Blames Ship’s Grounding on Speed, Rudder

ISMAILIA, Egypt — The container ship that got stuck in the Suez Canal in March was struggling to steer because of its high speed and the size of its rudder, and could have chosen not to enter the waterway in …

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 …

Dislodged Ship Held in Suez Canal as Talks Continue Over $916M Claim

CAIRO — A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million compensation claim against the ship’s Japanese owner, one of the vessel’s insurers …