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Two Russian members of the supervisory board of Dutch luxury yacht maker Heesen Yachts stepped down on Wednesday, the company said, citing "developments of the current international situation in Ukraine." ....
Norway's largest pension fund KLP said on Thursday it would no longer invest in 14 major weapons makers and their suppliers, including Raytheon Technologies Corporation and Rolls-Royce. ....
An Egyptian court on Saturday postponed a hearing in a compensation case filed by the Suez Canal authority against the owners of a container ship that blocked the canal for six days in March, giving the sides more time to negotiate, legal sources said. ....
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 compensation was paid. ....
By Reuters Staff 1 Min Read A view shows the container ship Ever Given, one of the world s largest container ships, after it was partially refloated, in Suez Canal, Egypt March 29, 2021. Suez Canal Authority/Handout via REUTERS CAIRO (Reuters) - The giant container ship that blocked the Suez Canal for almost a week was fully floated on Monday and traffic in the waterway would resume, the canal authority said in a statement. A Reuters witness saw the ship moving and a shipping tracker and Egyptian TV showed it positioned in the centre of the canal. Reporting by Mohamed Abdel Ghany and Yusri Mohamed; Writing by Aidan Lewis; Editing by Alison Williams ....