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Suez Canal Blockage to Cause Lasting Construction Delays and Owner-Contractor Disputes
The nautical jam has and will continue to delay all aspects of the construction supply chain from traditional construction materials, to heavy equipment and oil supplies.
Egypt's Suez Canal may seek over $1b compensation for losses caused by stuck ship
Egypt's Suez Canal Authority (SCA) may seek over $1 billion in compensation for the losses caused by the giant container ship Ever Given that ...
The ship blocking the Suez Canal is finally on the move
The ship which blocked the Suez Canal for nearly a week was freed Monday. Ever Given was refloated as more than 400 ships waited to pass along the waterway.
Suez Canal blockage puts at risk protective equipment deliveries to Europe
The Suez Canal, which cuts through Egypt to connect the Mediterranean and the Red Sea, has been blocked by a cargo ship that has run aground.
Egypt's Suez Canal blocked by huge container ship
Tug boats and diggers are working to refloat a giant container ship that has blocked Egypt's Suez Canal, one of the world's busiest trade routes.
Airlines’ latest challenge: Rising jet fuel prices
The oil rally is taking jet fuel along for the ride, posing another headache for airlines still struggling from depressed travel demand in the Covid pandemic.
Majority of Global Ports Are Missing Out on Digitalization
While advocates of digitalization predicted strong gains as ports and the logistics chain realized the benefits of the new technologies...
Green recovery or 'nightmare' for trade? Europe wants to tax emissions from ships
Europe's plan to raise billions each year for coronavirus relief by charging ships for their pollution could inflame trade tensions at the worst moment for the global economy and ...
'Price rises likely' due to UK shipping problems
Businesses say a global shipping crisis is causing freight costs to soar and UK consumers may soon see price rises for imported goods.
Felixstowe and Harwich ports submit bid for new Freeport status
Two East Coast ports have launched a joint bid to become one of the UK's 10 freeports post-Brexit.
COVID19 in China
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