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Suez Canal

Iranpress: Cargo ship Ever Given held in Suez Canal amid $916 million claim

Cargo ship Ever Given held in Suez Canal amid $916 million claim

Thursday, 15 April 2021 03:29

The mammoth cargo ship Ever Given that blocked the Suez Canal last month is being held in the waterway as authorities pursue a $916 million compensation claim against its owner, according to the vessel’s insurer.

Iranpress: North-South corridor substitute for Suez Canal, Iran says

North-South corridor substitute for Suez Canal, Iran says

Friday, 09 April 2021 20:49

Russia (IP) - Iran's Ambassador to Russia said that the establishment of the north-south corridor was a suitable substitute for Suez Canal.

Iranpress: Losses from Suez Canal blockage could reach $1 billion

Losses from Suez Canal blockage could reach $1 billion

Thursday, 01 April 2021 05:18

The chairman of the Suez Canal Authority said on Wednesday, in an interview with Egypt’s Sada El-Balad TV, that losses and damages from the Ever Given blockage could reach around $1 billion.

Iranpress: Traffic in Suez Canal resumes after stranded ship refloated

Traffic in Suez Canal resumes after stranded ship refloated

Tuesday, 30 March 2021 00:07

Shipping was on the move again late on Monday in Egypt’s Suez Canal after a giant container ship that had been blocking the busy waterway for almost a week was refloated, with more than 400 ships waiting to pass through.

Iranpress: Suez Canal trapped ship Ever Given partially refloated after huge efforts

Suez Canal trapped ship Ever Given partially refloated after huge efforts

Monday, 29 March 2021 16:28

The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.

Iranpress: Ship blocking Suez Canal moves slightly, unclear when it will refloat

Ship blocking Suez Canal moves slightly, unclear when it will refloat

Sunday, 28 March 2021 05:01

Efforts to dislodge a giant container ship blocking the Suez Canal have allowed it's stern and rudder to move, but it remains unclear when it can be refloated, the head of the canal authority said on Saturday.

Iranpress: Egypt loses $400m per hour due to wedged cargo ship in Suez Canal

Egypt loses $400m per hour due to wedged cargo ship in Suez Canal

Friday, 26 March 2021 06:24

According to a financial estimate issued by a prominent banking institution, the losses incurred by Egypt after the Suez Canal was blocked by the Ever Given cargo ship are estimated at about $400 million per hour.

Iranpress: Suez Canal blockage may pose delays to global shipments

Suez Canal blockage may pose delays to global shipments

Thursday, 25 March 2021 02:27

Egypt’s Suez Canal blockage by a massive container vessel, which ran aground the key waterway, could cause some delays in global shipments of commodities.

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