Egypt 'seizes' megaship over nearly $1 bln Suez claim
April 14, 2021 | 14:00
A megaship which blocked Egypt's Suez Canal and crippled world trade for nearly a week has been 'seized' on court orders until the vessel's owners pay $900 million, canal authorities said Tuesday.
How to deal with Suez contractual claims 1
April 14, 2021 | 09:00
After the Suez Canal incident last month causing wide disruption to global trade, attention has been turned to the legal implications surrounding the issue. Tony Nguyen, Â founder and senior partner of legal consultancy firm EPLegal, discusses the varying laws and contracts that could come into play.
Blame game begins as Suez blockage dents trade routes
April 07, 2021 | 13:00
More than the length of four football fields, it took an almighty international effort to free the Ever Given cargo ship from the Suez Canal.
Suez Canal fiasco adding to prolonged trade difficulties
April 07, 2021 | 11:49
As the incident with the Ever Given on the Suez Canal has finally been resolved, Vietnam’s exporters can at least look forward to free routes for their goods. However, the pressure amid the ongoing health crisis and international trade tensions remains.
Joy as megaship refloated, Suez Canal reopens to traffic
March 30, 2021 | 15:42
Vessels anchored for nearly a week began moving Monday through the Suez Canal after a grounded mega-ship was unwedged, sparking relief in a country that depends heavily on the global trade artery.
Suez Canal breakdown puts local import and export on edge
March 29, 2021 | 14:00
Vietnam has been angling for solutions to help local goods reach the EU after being held up by the historic maritime blunder at the Suez Canal.
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