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Egyptian court rejects appeal against detention of ship in Suez Canal - source - Vimarsana News

Egyptian court rejects appeal against detention of ship in Suez Canal - source

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 Mohamed; Writing by Aidan Lewis; Editing by Alison Williams)

Vietnam Road Freight Market Outlook to 2025 - Rapid Growth of Manufacturing Industry and Developing Logistics Infrastructure to Drive the Road Freight Market in Vietnam: Ken Research - Vimarsana News

Vietnam Road Freight Market Outlook to 2025 - Rapid Growth of Manufacturing Industry and Developing Logistics Infrastructure to Drive the Road Freight Market in Vietnam: Ken Research

(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 /PRNewswire/ -- Vietnam's Elevating Economy: Vietnam's growing economy is supporting the Road Freig...

Arrested Suez ship fit for onward passage, manager says - Vimarsana News

Arrested Suez ship fit for onward passage, manager says

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.

Ship insurer says Egypt seeking $916 million over Suez Canal blockage - Vimarsana News

Ship insurer says Egypt seeking $916 million over Suez Canal blockage

By Reuters Staff 1 Min Read FILE PHOTO: Ship Ever Given, one of the world's 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 in a statement it was disappointed that the ship and its crew were being held in the canal until c...

Dislodged ship held in Suez Canal as compensation talks continue - Vimarsana News

Dislodged ship held in Suez Canal as compensation talks continue

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.