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Top related persons:
Osama Rabie - 3 Yusri Mohamed - 2 Muhammad Al Gebaly - 2 Enas Alashray - 2 Cynthia Osterman - 2 Hatem Maher - 2 — - 1 Moller - 1
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Search resuls for: "Suez Canal Authority"


9 mentions found


☆ Maersk quietly settled its $44 million lawsuit against the companies behind the Ever Given, the ship that blocked the Suez Canal
  + stars: | 2023-12-04 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +3 min
Shipping giant Maersk has settled a case over the grounding of the Ever Given in the Suez Canal. When the lawsuit was first reported by Danish news site Shipping Watch in February, Maersk had sought about $44 million from several entities connected to the ship. According to Shipping Watch, Maersk had estimated that about 50 of its ships had been severely delayed by the blocking of the Suez Canal. Both Evergreen and Bernhard Schulte Ship Management have denied having any responsibility for damages, Shipping Watch reported. According to shipping news outlet Maritime Executive, the Maersk case was being closely watched by relevant companies worldwide as a potential roadmap for further litigation.
Persons: —, Moller, Bernhard Schulte, Janina von Spalding, Shoei Kisen Organizations: Shipping, Maersk, Service, Shipping Watch, Bernhard Schulte Ship Management, Bloomberg, Evergreen, Authority, Maritime Locations: Suez, Danish, Denmark, Rotterdam, Netherlands
☆ Suez Canal ship traffic unaffected after tanker collision
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A view of the BW Lesmes tanker at Freeport, Texas, U.S., August 3, 2023, in this picture obtained by Reuters. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided in the canal, ship tracking company MarineTraffic said early on Wednesday citing eyewitnesses. As of 5 a.m. (0200 GMT), the BW Lesmes was facing north but being towed to the south by two tugboats, according to ship tracking data on Refinitiv Eikon. A person who answered the phone at the Suez Canal Authority's operations room when contacted by Reuters said he could not provide any information on the tankers. The Suez Canal is one of the world's busiest waterways and the shortest shipping route between Europe and Asia.
Persons: Glenn Travis, MarineTraffic, Osama Rabie, Yusri Mohamed, Muhammad Al Gebaly, Nafisa, Enas Alashray, Florence Tan, Cynthia Osterman Organizations: BW, Reuters, REUTERS Acquire, Rights, Shipping, BW Group, TMS, Thomson Locations: Freeport , Texas, U.S, Rights CAIRO, Singapore, Cayman, Suez, Europe, Asia
☆ Two tankers collide briefly in Suez Canal
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +1 min
CAIRO, Aug 23 (Reuters) - Two tankers, the Singapore-flagged BW Lesmes and Cayman Islands-flagged Burri, briefly collided in Egypt's Suez Canal, ship tracking company Marine Traffic said early Wednesday, citing eyewitnesses. The shipping tracker showed the BW Lesmes, which carries LNG, stopped and pointing north, and Burri, an oil products tanker, moored and pointing south about 19 km from the southern end of the canal at 2:55 a.m.(2355 GMT). A time lapse shared by Marine Traffic showed Burri turning sideways and colliding with an already sideways BW Lesmes at 2040 GMT before backing up and pointing straight. There was no immediate confirmation from the Suez Canal Authority. Approximately 12% of the world's trade moves through the canal.
Persons: Said, Muhammad Al Gebaly, Nafisa Eltahir, Yusri Mohamed, Enas Alashray, Jacqueline Wong, Cynthia Osterman Organizations: Traffic, Marine, Authority, Thomson Locations: CAIRO, Singapore, Cayman Islands, Suez
☆ Suez Canal tugboat sinks after collision with tanker
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +1 min
An aerial view of the Gulf of Suez and the Suez Canal are pictured through the window of an airplane on a flight between Cairo and Doha, Egypt, November 27, 2021. REUTERS/Amr Abdallah Dalsh/File PhotoCAIRO, Aug 5 (Reuters) - A Suez Canal tugboat has sunk after colliding with a Hong Kong-flagged LPG tanker in the strategically important waterway, the Suez Canal Authority said on Saturday, without specifying whether there was any disruption to shipping traffic. "The tanker is currently waiting in Port Said until the completion of the procedures related to the accident," Rabie said. The tanker is 230 meters long and 36 meters wide and carries a cargo of 52,000 tons of LPG. Reporting by Yousri Mohammed; Writing by Hatem Maher; Editing by Angus MacSwan and David HolmesOur Standards: The Thomson Reuters Trust Principles.
Persons: Amr Abdallah Dalsh, Fahd, Osama Rabie, Rabie, Yousri Mohammed, Hatem Maher, Angus MacSwan, David Holmes Organizations: REUTERS, Suez Canal Authority, Thomson Locations: Gulf, Suez, Cairo, Doha, Egypt, CAIRO, Hong Kong, Singapore, United States, Port Said
☆ Egypt tows away stranded oil tanker in Suez Canal
  + stars: | 2023-06-04 | by ( ) www.reuters.com   time to read: +1 min
[1/4] A tugboat works to refloat the SEAVIGOUR oil tanker to the waiting area in the Suez Canal, next to Ismailia, Egypt June 4, 2023. The Suez Canal Authority/Handout via REUTERSCAIRO, June 4 (Reuters) - An oil tanker that suffered engine failure in Egypt's Suez Canal, briefly disrupting traffic in the vital waterway, has been towed away, the canal's authority said on Sunday. The crude tanker, SEAVIGOUR, is a Malta-flagged vessel that was built in 2016, according to Refinitiv Eikon shipping data. It was heading from Russia to China, the canal authority added. Frequent traffic disruptions occur in the Suez Canal due to technical malfunctions, but stoppages are usually brief.
Persons: Osama Rabie, Hatem Maher, Emelia Sithole, Hugh Lawson Organizations: Authority, REUTERS, Thomson Locations: Suez, Ismailia, Egypt, REUTERS CAIRO, Malta, Russia, China
☆ Traffic in Suez Canal normal after ship breakdown dealt with- SCA
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +2 min
[1/2] An aerial view of the Gulf of Suez and the Suez Canal are pictured through the window of an airplane on a flight between Cairo and Doha, Egypt, November 27, 2021. REUTERS/Amr Abdallah DalshCAIRO, Jan 9 (Reuters) - Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The M/V Glory, which was sailing to China, suffered a technical fault when it was 38km into its passage southward through the canal, before being towed by four tugs to a repair area, the Suez Canal Authority (SCA) said in a statement. The Suez Canal is one of the world's busiest waterways and the shortest shipping route between Europe and Asia. In 2021, a huge container ship, the Ever Given, became stuck in high winds across a southern section of the canal, blocking traffic for six days before it could be dislodged.
☆ Efforts under way to refloat ship stuck in Suez Canal, authority says
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +1 min
DUBAI, Jan 9 (Reuters) - Efforts are under way to refloat a cargo vessel carrying grain from Ukraine that has run aground in the Suez Canal, the chairman of the Suez Canal Authority told Al-Arabiya TV on Monday. The M/V Glory ran aground while joining the southbound convoy transiting through the canal and tug boats are trying to refloat the vessel, Osama Rabie told Al-Arabiya. The ship is a Marshall Islands-flagged bulk carrier, data from trackers VesselFinder and MarineTraffic showed. It departed Ukraine's Chornomorsk port on Dec. 25 bound for China with 65,970 metric tonnes of corn, according to the Istanbul-based Joint Coordination Centre (JCC) overseeing Ukraine grain exports. The Suez Canal is one of the world’s busiest waterways and the shortest shipping route between Europe and Asia.
☆ Bulk carrier ship Glory grounded in Suez Canal, says shipping agency
  + stars: | 2023-01-09 | by ( Ruxandra Iordache Natasha Turak | Ruxandra Iordache | Natasha Turak | ) www.cnbc.com   time to read: +1 min
Bulk carrier Glory ran aground in the Suez Canal on Monday morning, according to shipping agency Leth, which said efforts to refloat the vessel were underway. An employee of the Suez Canal Authority, who could not be named as the news had not been officially announced, told CNBC that other ships in the canal were still able to pass the grounded Glory by around 7:30 a.m. London time. Arabic news channel Al-Arabiya cited Osama Rabie, chairman of the Suez Canal Authority, as saying that the ship had run aground but was being floated, according to a Google translation. The Suez Canal is one of the world's most important waterways, with its 120 miles hosting 30% of global shipping container traffic and 12% of all global trade worth about $1 trillion annually. In March 2021, a massive 220,000-ton tanker called Ever Given got stuck across the Suez Canal for six days, causing its longest-ever closure due to a ship and holding up some $60 billion of trade."
☆ Egypt's Suez Canal fee hike won't have a 'massive' impact on trade flows, analyst says
  + stars: | 2022-09-19 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: 1 min
Egypt announced on Saturday that it will raise transit fees in 2023 for all types of vessels passing through the Suez Canal. According to a statement released by the Suez Canal Authority, transit fees for tankers passing through the canal will rise by 15%. The increase for dry bulk carriers and tourist ships is 10%. "The increase is inevitable and a necessity in light of the current global inflation rates," the authority's chief, Osama Rabiee, said in the statement. He added that the decision factored in the impact of increased energy prices.
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