Ever Given weighs anchor and heads towards Europe

A ceremony was held in Egypt to mark an agreement on compensation for the Ever Given fiasco, with the giant boxship now on the move to leave the country where it has been in since a transit of the Suez Canal went badly wrong on March 23.

Ever Given to depart Egypt on Wednesday

The giant Ever Given boxship will finally leave Egypt on Wednesday 106 days after it entered the Suez Canal on a fateful transit.

Deal in principle reached on Ever Given

An agreement in principle has been reached over a compensation claim between the Suez Canal Authority (SCA) and the owners of the 20,388 teu Ever Given that blocked the Suez Canal in March this year.

Ever Given Owners Make New Offer To Suez Canal Authority

The owners of a giant container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, a lawyer for the authority said on Sunday, as a court ruling on the case was postponed for two weeks.

Ever Given was travelling too fast: SCA

In the ongoing tit-for-tat between the Suez Canal Authority and Japanese owner Shoei Kisen over who was to blame for the blockage on the key waterway in March, the Egyptians have hit back.

ADES scores new jackup contract in Egypt

Egyptian offshore driller ADES International has sealed a new contract for 1981-built jackup rig Admarine 5 in the Gulf of Suez.