The container shipping industry is navigating through a tumultuous period marked by the prolonged closure of the Suez Canal and subsequent market reactions. The ripple
Image:Getty images
Egypt finds itself grappling with severe economic ramifications as a crucial source of revenue, the Suez Canal, witnesses a drastic decline in traffic. The
Image:Suez Canal Authority.
The Suez Canal faced a brief disruption today as the Ocean Network Express (ONE) containership, ONE Orpheus, collided with a floating bridge, impacting
Image:Suez Canal Authority
In a recent development, the Maersk Group has reached an out-of-court settlement in the lawsuit it filed over the disruption caused by the
Two torpedoes have slammed into the reputational hull of the maritime industry recently. The Ever Given Suez Canal crisis and the Black Trail TV documentary.
The grounded container vessel Ever Given has been successfully refloated in the Suez Canal by the salvage team of Boskalis subsidiary, SMIT Salvage.
Boskalis has announced