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May 4, 2021
By Reuters Staff 1 Min Read CAIRO, May 4 (Reuters) - An Egyptian court on Tuesday rejected an appeal against the detention of the Ever Given container ship in the Suez Canal after it was dislodged from blocking the waterway, a judicial source said. The Ever Given was stranded for six days across the canal in March, stopping traffic in both directions. It has been held in a lake between two stretches of the canal since, amid a dispute over compensation for the incident. (Reporting by Yusri Moham...
April 21, 2021
(0) - Volume of Freight carried by Road is expected to increase as major manufacturing industries shifting towards Vietnam - Entry of international road freight players into the Vietnamese market is expected to drive the demand further with the introduction of technological advanced fleet in the country - The growth in internet retail market is propelling the logistics market at present and same trend is projected to be monitored over the next couple of years GURUGRAM, India, April 21, 2021 ...
April 14, 2021
The cargo vessel that blocked global shipping in the Suez Canal and is caught in a legal dispute in Egypt is fit to sail once approval is given, its technical manager said on Wednesday.
April 13, 2021
By Reuters Staff 1 Min Read FILE PHOTO: Ship Ever Given, one of the worlds largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. REUTERS/Hayam Adel LONDON (Reuters) - One of the insurers of the container ship that was stuck in the Suez Canal last month for nearly a week said on Tuesday that Egypt had filed a compensation claim for $916 million against Japanese owner Shoei Kisen. UK Club, the protection & indemnity (P&I) insurer for the Ever Given, said...
April 13, 2021
A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim made to the vessel's owner Shoei Kisen, an official from the Japanese company said on Tuesday.
April 3, 2021
By Reuters Staff Slideshow ( 2 images ) CAIRO (Reuters) - Suez Canal Authority (SCA) said that all 422 ships stranded by the grounding of the giant container ship Ever Given passed through the canal by Saturday, ending the backlog caused by the blockage. Reporting by Moamen Said Atallah; writing by Mahmoud Mourad; editing by John Stonestreet
March 11, 2021
Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonisation.
February 10, 2021
For South African winemaker Vergenoegd Löw, the pandemic could have been a disaster but a bitter trade war between China and Australia has thrown the 325-year-old estate a lifeline.
January 30, 2021
3 Min Read ABIDJAN (Reuters) - The second wave of the global coronavirus pandemic has hit Ivory Coast’s cocoa trading and exports hard, dashing hopes of an early recovery from the first wave, the director of the country’s cocoa regulator CCC said on Sunday. Farmers break cocoa pods at a cocoa farm in Soubre, Ivory Coast January 6, 2021. Picture taken January 6, 2021. REUTERS/Luc Gnago Cocoa bean stocks from the main crop harvest are piling up in farm warehouses and at the West African count...
January 26, 2021
Over 300 leading companies said on Tuesday they would work together to help hundreds of thousands of merchant sailors stuck on ships for many months due to COVID-19 in a crisis that risks creating more dangers at sea.