Follow Us:

Tag: Suez Canal

7 Results

  • Suez Canal says deal reached to free seized vessel

    Suez Canal says deal reached to free seized vessel

    At first, the Suez Canal Authority demanded $916 million in compensation, which was later lowered to $550 million

    July 5, 2021
  • Suez is Free

    Suez is Free

    The Suez canal, the proud boast of the world and not Egypt alone, was free. Profound is its importance in maritime history; for the Suez Canal offers the quickest maritime route from Asia and West Asia to Europe and the East Coast of the United States of America.

    April 1, 2021
  • The ship that blocked the Suez for 6 days freed

    The ship that blocked the Suez for 6 days freed

    Reports said the Even Given was under way and heading for the Great Bitter Lake further along the canal, about 45km away. Boskalis, the salvage company involved in the rescue, said the ship would undergo a full inspection there.

    March 30, 2021
  • Owners, insurers of Suez ship face billions in claims

    Owners, insurers of Suez ship face billions in claims

    For Indian market, this incident could lead to pressurise on certain industries that depend on Europe and the US.

    March 29, 2021
  • Efforts on to refloat container ship stuck in Suez Canal

    Efforts on to refloat container ship stuck in Suez Canal

    The Ever Given, at 400 meters (1,312 feet), is almost as long as the Empire State Building is tall.

    March 28, 2021
  • Suez Canal: A century and fifty

    Suez Canal: A century and fifty

    The Suez Canal, opened in 1869, has turned 150 in 2019. It took 11 years to construct the canal, which connects the Red Sea with the eastern Mediterranean Sea and extends 100 miles (160 km) from Port Said to the Gulf of Suez.

    May 23, 2019
  • India, Russia, Iran negotiating transport corridor to enhance trade

    India, Russia, Iran negotiating transport corridor to enhance trade

    The new shipment passage, International North-South Transport Corridor (INSTC), is set to connect the Indian Ocean to the Persian Gulf through Iran to Russia and Europe.

    December 2, 2018