Egypt Today A memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) was signed on Tuesday. Egyptian Prime Minister Mostafa Madbouly was in attendance. The factory, dubbed EPAZ, would produce 75,000 vehicles a year in the first phase of operations. It is a …
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Ahmed Morsy – Ahram Online “A settlement was reached with the Evergreen Marine Corporation concerning the Ever Given ship, which had blocked navigation through the Suez Canal for nearly a week in March”, Chairman of Egypt’s Suez Canal Authority (SCA) Osama Rabie said on Wednesday. Following the signing of the …
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Mohamed Soliman – Ahram Online An initial agreement has been reached between the Suez Canal Authority (SCA) and the owner of the ‘Ever-Given’ giant container ship, which ran aground and blocked the Canal in March, an announcement by the ‘UK Club’, the ship’s insurer on Wednesday. “The UK Club is …
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Menna Alaa al-Din – Ahram Online Egypt’s Suez Canal Authority (SCA) rejected, on Saturday, claims made by the giant Ever Given’s insurer ‘UK Club’, saying, “exceeding the set speeds at the country’s strategic canal is the sole responsibility of the ship’s captain”. “Vessels crossing Suez Canal are subject to a …
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Egypt Today “MV EVER GIVEN container ship has been officially confiscated as the operating company is unwilling to pay the compensation worth $900 Million”, Suez Canal Authority chairman Osama Rabie told Youm7 newspaper on Tuesday. “The SCA believes the sum is in compensation for the losses the canal sustained and …
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Egypt Independent “The Suez Canal Authority is seeking one Billion US dollars in compensation from the ‘Ever Given’ container ship’s owner company Shoei Kisen, as a result of long disruption at the canal and subsequent financial losses”, Osama Rabie, chairman of the Suez Canal Authority, said on Thursday. Rabie told …
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Ahram Online “The Suez Canal Authority (SCA) sent an email to the Panamanian ship company two days ago, to hand over its black box to start the investigations, but no reply has been received yet”, said Suez Canal Authority (SCA) Adviser Captain Sayed Sheyshe on Tuesday. “It is a standard …
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Ahram Online The Suez Canal Authority (SCA) announced that it managed to fully re-float and sail the ‘Ever Given’ giant container ship on Monday afternoon. The massive cargo vessel had blocked the canal and disrupted international maritime trade for nearly a week. The canal’s service provider Leth Agencies confirmed that …
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Egypt Today The Suez Canal Authority (SCA) was planning a new floatation attempt of the stranded ‘Ever Given’ giant cargo vessel on Sunday evening, making use of the highest tide. “The SCA could resort to a third scenario which include off-loading the ship’s containers to help float the stranded vessel”, …
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Ahram Online Suez Canal Authority (SCA) Chairman Osama Rabie said, “dredging operations around the giant ‘Ever Given’ container ship blocking the canal have reached 87% of target as of Friday morning”. “SCA’s dredger Mashhour, began operations on Thursday evening and has removed around 17,000 cubic meters of sand from around …
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