Following the disruption that cost the global economy an estimated $400 million an hour, ocean freight carriers and supply chain executives were breathing a sigh of relief Monday after the Suez Canal ...
The massive cargo ship that got stuck in the Suez Canal last week and threatened to spark a global economic crisis by blocking an essential maritime trade route was finally freed Monday. The drawn-out ...
ISMAILIA, Egypt — Suez Canal authorities have announced the release of a hulking shipping vessel that blocked the crucial east-west waterway for nearly a week earlier this year. The Ever Given is ...
A large cargo ship that has been grounded in Egypt's Suez Canal since Tuesday is costing $9.6 billion worth of daily marine traffic, according to Bloomberg. The Ever Given container ship, a ...
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