The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world's most important maritime trade chokepoints isn't set to break free just yet. The Ever Given, a 220,000-ton ...

The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with ...

The prospect of prolonged disruption in westbound shipments of east of Suez gasoil cargoes will support prices in Europe and weigh on prices in east of Suez, as attempts to free the Ever Given is ...

While the Ever Given has now been dislodged from the Suez Canal and global trade continues to flow, we have all just been treated to a spectacular display of the fragility of global trade. A rogue ...

The containership Ever Given, which blocked the Suez Canal for almost a week, is being held until its owners pay for the damages. The large cargo ship has not been given clearance to leave the lake ...

In 2021, the Suez Canal experienced a blockage when the container ship Ever Given ran aground on March 23, causing a six-day disruption that had a wide-reaching impact on global logistics. This ...

The recent blockage of the Suez Canal has drawn the world’s attention to major trade routes and highlighted the severe impact disruptions of maritime trade can have on the world economy. With an ...

The weeklong Suez Canal disruption in March demonstrated that the global trade, including its LNG segment, highly depends on this crucial trade route, while alternative routes are inconvenient and ...