Osama Rabie, the Chairman of the Suez Canal Authority announced that the Suez Canal has set a new record for the highest number of ships transiting in a day. On 29th September 2021, a total of 87 vessels made transit through this strategic canal, leaving behind the previous high of ... Read more

The largest container ship, Ever Ace on her maiden voyage, arrived at Felixstowe, Suffolk, UK. The mammoth vessel is 400m long and has the capacity of carrying 23,992 containers, which is a record capacity among similar-sized vessels. Owned by the Taiwanese shipping company, Evergreen Marine, Ever Ace is the first ... Read more

In the past few days, it was North American and the European Ports that were making headlines with their massive growth in container volumes, and now China is the new entrant into the league. The Ministry of Transport of China has reported that in the first half of 2021, Chinese ... Read more

The infamous cargo ship MV Ever Given is now finally heading for its original destination of Rotterdam, Netherlands after spending 112 days in Egyptian waters since it blocked the Suez canal on March 23 and was impounded after being set free six days later. The ship departed the Egyptian city ... Read more

Owners of the 20,000 TEU containership Ever Given, which has been stuck in Egypt for months following its grounding in the Suez Canal, have reached an agreement in principle with the canal authority over the compensation claim. For more info see original source: https://www.offshore-energy.biz/ever-given-owners-suez-canal-authority-hammer-out-compensation-deal/ Read more

Even though the Suez Canal is no longer blocked by the MV Ever Given, several big and small companies like Ikea and Lenovo are stuck with a larger problem as cargo worth $780 million is trapped onboard the seized vessel in the Suez Canal. The Japanese-owned vessel blocked the Suez ... Read more

UKP&I: Disappointed by arrest of “Ever Given” Apr 13 Statement: On 7 April, the owners of the container vessel “Ever Given” received a claim from the Suez Canal Authority (SCA) for the sum of US $916 million. The SCA has not provided a detailed justification for this extraordinarily large claim. ... Read more

The Suez Canal 'crisis' did its part in highlighting the shortcomings in the global supply chain when the 400-meter-long Ever Given got stuck in the southern section of the canal on March 23, blocking traffic in and out of the canal for a week. As supply chains leap back to ... Read more

After nearly a week of waiting for some positive news to arise out of Egypt's Suez Canal, billions around the world received their first reassurance after an announcement by the Suez Canal Authority. They declared that Ever Given, owned by Taiwanese shipping giant Evergreen, has been partially refloated. As per ... Read more

Mar 29 1300 UTC UPDATE: The ship is refloated and most probably, will soon start moving towards Great Bitter Lake. Suez traffic to resumed probably today. Read more