You Searched For "Suez canal" and got 20 results
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3 mins read
German frigate Hessen sailors were on watch 12 hours a day in the Red Sea with only seconds to react to threats in the 'worst case scenario'
The German warship spent several weeks deployed to volatile Middle Eastern waters to protect commer…
Jake Epstein
2 mins read
Maersk quietly settled its $44 million lawsuit against the companies behind the Ever Given, the ship that blocked the Suez Canal
Danish shipping giant Maersk initially wanted $44 million in damages over delays caused by the Ever…
Mia Jankowicz
2 mins read
These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation
The number of vessels passing through the Suez and Panama Canal have dropped by 50%, Apollo's chief…
Aruni Soni
1 min read
Egypt's Suez Canal records highest ever revenue of $7 billion
"The income is the highest figure ever recorded and is over a fifth higher than the previous fiscal…
2 mins read
The Ever Given's sister ship is finally free after being stuck in Chesapeake Bay for more than a month
The Ever Forward was refloated on Sunday by two barges and five tugboats after two failed attempts.…
Sam Tabahriti
1 min read
Photos: a record-breaking number of ships sailed through the Suez Canal in 2021, including the redemptive return of the 'Ever Given'
Zhang Jingang/VCG via Getty Images
Hannah Towey
1 min read
These photos of the dry-docked Ever Given reveal the damage it suffered after blocking the Suez Canal
The world's most famous container ship stopped in China for repairs - see how 6 days blocking the S…
Hannah Towey
1 min read
Another massive cargo ship was stuck in the Suez Canal, but this time it was freed and re-floated in 15 minutes
The ship was "slightly grounded," but quickly freed and re-floated, the Suez Canal Authority said. …
Grace Kay
1 min read
A sanctioned steel mogul's $100 million superyacht is heading towards the Suez Canal but will likely travel to Turkey, report says
Alexander Abramov's luxury vessel could be heading to Turkey, where other yachts owned by sanctione…
Kate Duffy
1 min read
The epic traffic jam of 400 ships caused by the Ever Given blockage of the Suez Canal is cleared, Egyptian authorities say
The 61 remaining ships of the 422 that were left stranded by the Ever Given are expected to pass th…
Joshua Zitser
2 mins read
One person reportedly died while helping free the Ever Given ship, the Suez Canal Authority says
In a series of Facebook posts, the Suez Canal Authority revealed that one person reportedly died du…
Sophia Ankel
1 min read
Photos show The Ever Given container ship that blocked the Suez Canal is repaired and back in action
Zhang Jingang/VCG via Getty Images
Hannah Towey
1 min read
The Ever Given's owner has blamed the Suez Canal Authority for the blockage, saying it wrongly allowed the ship to enter the area during poor weather conditions
Lawyers representing the Ever Given's owner said the ship should have been chaperoned by at least t…
Zahra Tayeb
2 mins read
Ever Given insurers say Egypt's $600 million claim is still too much, as authorities continue to impound the ship
Egypt lowered its demand from $916 million to around $600 million as a legal standoff over the ship…
Mia Jankowicz
2 mins read
Egypt offered to drop $300 million of its $916 million lawsuit over the Ever Given, which is still impounded 30 miles from where it got stuck
The Suez Canal Authority chief said Friday that Egypt will now seek around $600 million in compensa…
Mia Jankowicz
1 min read
More than 200 ships are in a traffic jam outside the Panama Canal, showing we can't get through a year without big boats getting stuck
In the past three years, at least one big boat has gotten stuck in a body of water each year: The E…
Rebecca Cohen
4 mins read
The Ever Given crisis put mega ships under the spotlight. As vessels get bigger and more automated, a long-serving captain and other experts are weighing up the risks.
Shipping industry insiders say bigger ships, added automation, and smaller crews - as well as a dan…
Kevin Shalvey
2 mins read
The Ever Given's owner is trying to limit some losses to $115 million of the $916 million Egypt wants - a legal gambit that may fall flat
Shoei Kisen Kaisha set up a fund meant to stop some losses surpassing $115 million. How it will wor…
Mia Jankowicz
2 mins read
A mini replica of the Suez Canal in a French lake is helping mariners learn the lessons of the Ever Given blockage
The Port Revel training facility in France has seen a surge of interest after the giant Ever Given …
Sophia Ankel
6 mins read
Why the stuck Suez Canal boat became the biggest meme of 2021 so far
The Suez Canal blockage may be the most remembered news story of 2021, largely because of the extra…