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TONIGHT: Global stocks are in the toilet + the Ever Given is steaming toward the Suez Canal
Well, folks, that’s workweek #33 of 2021 in the books for those of us here in Egypt and elsewhere in…
Gone but not forgotten
The Ever Given has left Suez. But Suez hasn’t left the Ever Given. The owner of the ship responsible for…
A solution to the Ever Given spat could be found within a week
An imminent breakthrough in Ever Given talks? A breakthrough in settlement talks between the Suez Canal Authority (SCA) and the…
Ever Given court hearing delayed to allow settlement talks
The ruling on compensation demands against Ever Given owner Shoei Kisen has been postponed to 20 June after the Ismailia…
How low can we go?
SCA cuts its Ever Given compensation demand — again: The Suez Canal Authority (SCA) has again downgraded its compensation demands…
Suez receipts rise in April following Ever Given debacle
Suez Canal revenues rose almost 16% y-o-y in April, coming in at USD 551.5 mn from the USD 476.2 mn…
Shoei Kisen submits second appeal against Ever Given seizure
A new appeal from Ever Given owner Shoei Kisen will be on the agenda for an Ismailia court this Saturday,…
Ever Given still won’t pay up
The Suez Canal Authority’s (SCA) reduced USD 600 mn compensation claim for the Ever Given saga is still too high,…
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