Egypt
- Ports and Logistics
Egypt to build $4.34bn ‘Suez Canal on rails’
Egypt’s National Authority for Tunnels (NAT) has signed a $4.34bn, 15-year contract with a consortium including Siemens Mobility, Orascom Construction…
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Ever Given returns to Suez Canal
The giant boxship is back in the Suez Canal a little more than a month after it departed Egyptian waters,…
Read More » - Environment
Egyptian green hydrogen project presses ahead
MAN Energy Solutions has signed a memorandum of understanding (MoU) with Cairo-based TAQA Power which will establish a pilot project…
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Ever Given undergoing inspections at Port Said
After a packed media send-off, the headed north yesterday, arriving at Port Said in the evening where it anchored at…
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Ever Given weighs anchor and heads towards Europe
A ceremony was held in Egypt to mark an agreement on compensation for the fiasco, with the giant boxship now…
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Ever Given to depart Egypt on Wednesday
The giant boxship will finally leave Egypt on Wednesday 106 days after it entered the Suez Canal on a fateful…
Read More » - Operations
Sherine Naggar expands Egyptian service offering
Diverse Egyptian maritime concern A.K .Naggar & Co has broadened its service portfolio and now is able to provide repairs…
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Deal in principle reached on Ever Given
An agreement in principle has been reached over a compensation claim between the Suez Canal Authority (SCA) and the owners…
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Maersk’s VC arm joins funding of Egyptian digital freight platform
Egyptian start-up Trella, a digital freight platform that connects truckers with shippers and freight loads, has raised $42m in a…
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Ever Given compensation verdict delayed again
Court proceedings to free the 20,388 teu have been put on hold for another fortnight as the ship’s owner and…
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Suez Canal Authority to blame for Ever Given’s high speed: UK P&I Club
The insurer of the giant, 20,388 teu has fired back in the ongoing compensation battle to get the ship freed.…
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Ever Given compensation battle stretches into June
A court hearing was postponed on Saturday as the two sides in the ongoing saga in Egypt edge closer to…
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Ever Given was travelling too fast: SCA
In the ongoing tit-for-tat between the Suez Canal Authority and Japanese owner Shoei Kisen over who was to blame for…
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Suez Canal boss says Ever Given can leave once a $200m deposit is paid
It’s been a busy weekend of back and forths between Japanese shipowner Shoei Kisen and the Suez Canal Authority over…
Read More » - Operations
Egypt details plans to widen and deepen the southern part of the Suez Canal
Egypt has this week announced plans to widen and deepen the southern part of the Suez Canal where the containership…
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Suez Canal Authority slashes Ever Given compensation claims by $300m
The Suez Canal Authority has slashed its compensation claims by nearly a third. The Egyptian body is now seeking $600m…
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Egyptian court blocks Ever Given’s departure
An Egyptian court ruled yesterday that the 20,388 teu containership which blocked the Suez Canal in March will continue to…
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Evergreen confirms Ever Given arrested pending $916m claim including $300m for loss of reputation
Taiwanese liner Evergreen confirmed on Wednesday that the 20,388 teu has been arrested by a court in Egypt this week.…
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Suez Canal backlog cleared, accident report due this week
The Suez Canal Authority (SCA) announced over the weekend it had managed to clear the backlog of more than 400…
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Egypt may file $1bn claim for Suez Canal calamity
Egypt could be lining up a $1bn claim in damages after the 20,388 teu giant container vessel caused a headline…
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