Latest in Tag: Ever Given Highlight
Latest in Tag: Ever Given
Solution is satisfactory to both parties, and includes resolution without need for court involvement, says Osama Rabie
The ship blocked the Suez Canal for a week in March, causing a massive back-up in international trade and billions in losses. It has been anchored in a lake between two stretches of the canal since it was dislodged on 29 March.
Japanese owners of ship say SCA at fault for ship’s grounding, disputes detention
I mean here his statement about the Grand Ethiopian Renaissance Dam (GERD) negotiations, when he said, “We do not threaten anyone, but no one can take a drop of water from Egypt. Otherwise, the region will witness a state of instability that no one could imagine. And whoever wants to test us, let him please.”
About 12% of world trade volume passes through man-made canal
Navigation in Suez Canal will be resumed once Ever Given is fully floated and anchored in the great bitter lakes, hopefully within hours