News

20
Jun
Uncategorized

Ever Given remains stuck in Egypt as legal battle over its release drags out

A court in Ismalia, Egypt rejected the appeal of the owners of Ever Given, a containership that ran aground in […] Read More
20
Jun
Uncategorized

Ports in California to receive $250 million from American Rescue Plan

Ports in California will receive approximately $250 million as part of the state’s allocation of funding from the American Rescue […] Read More
20
Jun
Uncategorized

Saudi Ports Authority to support shipping lines with storage fee exemptions

The Saudi Ports Authority, Mawani, announced an initiative to support international shipping lines stranded at the south end of the […] Read More
20
Jun
Uncategorized

Egypt to hold Ever Given, its crew until $916M claim is paid

The giant containership Ever Given, which hit the headlines after getting stuck in the Suez Canal last month, has been […] Read More
20
Jun
Uncategorized

Is the Arctic an alternative to the Suez Canal?

A lack of infrastructure and continued opposition on environmental grounds mean the Arctic is unlikely to see commercial shipping in […] Read More
20
Jun
Uncategorized

Why is the Suez Canal so important?

The grounding of the 20,000 TEU container vessel the Ever Green in the Suez Canal has emphasised how important container shipping is to global […] Read More
20
Jun
Uncategorized

Calls for scheduling overhaul as vessels turn their back on Suez Canal

Tight schedules and an ever-increasing demand for containerised trade could be a contributing factor behind the grounding of an Ultra Large […] Read More
20
Jun
Uncategorized

Piraeus retains largest Med port crown in 2020

According to port research initiative Port Economics, 5.437m teu were handled by Piraeus port during 2020, while 5.415m teu were […] Read More
20
Jun
Uncategorized

Port of Los Angeles perishable goods terminal completes $1 million upgrade

The Port of Los Angeles has completed a $1 million upgrade to its fruit handling terminal as part of efforts to expand […] Read More