Wan Hai Lines splashes out $550m on neo-panamax boxship quintet
Liner company has spent half of its $1bn newbuilding budget at Hyundai Heavy Industries
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March 2021
Ever Given owner Shoei Kisen apologises for Suez Canal incident
Japanese company is putting all its efforts into resolving the situation along with manager Bernhard Schulte
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Saga Pure acquires stake in liquid hydrogen storage tech firm
Saga Pure ASA, a Norwegian company that recently switched its focus from shipping to renewables, has committed to subscribe for NOK 30 million ($3.5 million) in a private placement of new shares in…
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Suez Canal Traffic Suspended as Efforts Continue to Dislodge Grounded Ship
The Suez Canal temporarily suspended traffic on Thursday as efforts to dislodge a 400 m (430 yard) long container vessel that has blocked the waterway continued for a third day, with eight tugs working to straighten the ship.The Ever Given vessel…
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Questions raised over cause of Ever Given grounding
Engine failure and heavy weather have both been cited as reasons behind Ever Given’s grounding in the Suez Canal. But…
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