You Searched For "suez blockage" and got 20 results
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3 mins read
Dollar Tree describes container-ship chaos, with voyages doubling in length, costs skyrocketing, and one boat turned away from China over a single COVID case on board
Experts say that, due to high demand and port delays, international shipping may not enter calmer w…
Áine Cain
1 min read
The big boat is back: Ever Given finally arrives in Rotterdam after disastrous and costly Suez Canal incident
The Ever Given got stuck in the Suez Canal on March 23. Four months later, it made it to its intend…
Cheryl Teh
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
A COVID-19 outbreak at a major Chinese port is worsening the global shipping crisis, which could disrupt orders for the holiday season, experts say
Retailers may struggle to get holiday-season goods in time because of shipping disruptions worsened…
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
Oil drops after Ever Given container ship blocking the Suez Canal is refloated
The Suez authorities said the enormous ship, which has been snarling up world trade, had been reflo…
Harry Robertson
2 mins read
A supermoon played a crucial role in freeing the Ever Given from the Suez Canal, boosting the tide so it was easier to move
The full moon was very close to the Earth on Sunday, which increased tides on Monday to help the Ev…
Marianne Guenot
2 mins read
IKEA says it could have supply chain issues because of the Suez Canal blockage
The international furniture chain has over 100 containers atop the ship stuck in the Suez Canal, ac…
Madison Hall
2 mins read
The company behind the Suez Canal blockage spilled 28,800 plastic toys into the ocean in the 1990s
The toys were spilled by an Evergreen Marine-operated ship in 1992 and prompted a big scientific an…
Marianne Guenot
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
2 mins read
The Suez Canal blockage may affect the global supply chain for months, the world's largest shipping company says
The container ship Ever Given stuck in the Suez Canal has triggered delays in global shipping that …
Kate Duffy
3 mins read
Your gas was already getting more expensive - and the Suez Canal blockage risks driving prices even higher
Oil prices spiked in early 2021 with car usage up and Texas refineries idle. Now a giant tanker is …
Ben Winck
1 min read
Maersk, the world's largest shipping company, says the Suez Canal blockage's economic fallout will continue into second half of May
"We will see ripple effects continuing into the second half of May," Lars Mikael Jensen, head of Ma…
Kevin Shalvey
3 mins read
Memes mocking the Suez Canal blockage spurred rescue teams to work even harder, a mariner on the job said
The whole world - including Egypt - made memes about the Ever Given's grounding. They were on the r…
Mia Jankowicz
4 mins read
From toilet paper to coffee, here are some of the products that could soon be in short supply because of the Suez Canal blockage
Experts say that the blockage is costing about $400 million an hour and that it could take weeks to…
Grace Kay
2 mins read
US stocks decline as traders weigh new Powell comments and the continued Suez Canal blockage
"When the economy has all but fully recovered, we will be pulling back the support that we provided…
Matthew Fox
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
Ships that detoured around Africa to avoid the Suez Canal blockage may not arrive any faster and risk causing port backlogs when they do
At least 27 ships rerouted while the Suez Canal was blocked. Since the canal was reopened Monday, t…
Mia Jankowicz
2 mins read
Energy-sector ETFs the only group to see $1 billion in weekly inflows as Suez Canal blockage and coming summer demand create favorable backdrop for oil
Investors pushed more than $1 billion into energy-sector ETFs this week as a blockage in the Suez C…
Carla Mozée
2 mins read
Egypt's first female ship captain fears for her career after she was blamed falsely for the Suez Canal blockage when she was aboard a vessel 200 miles away
Online rumors and fake news headlines said Marwa Elselehdar was the captain of the Ever Given conta…