As the fallout from Ever Given cascades through container supply chains, it’s getting more difficult for Indian forwarders to secure shipping capacity. According to Rakesh Pandit, CEO of Conbox Logistics: “Not only are European shipments running late, but we’re seeing a lot of cancelled bookings placed in March from countries such as Italy,...
The Suez Canal Authority yesterday formally arrested the Ever Given. An Egyptian judge granted permission for the SCA to seize the vessel after it lodged a $916m compensation claim against its Japanese vessel owner, Shoe Kisen. The SCA says it intends to maintain the vessel’s arrest until the claim is paid, a position that...
As the investigation into the grounding of the Ever Given in the Suez Canal begins, the vessel’s Japanese owner, Shoe Kisen, this morning declared General Average. And a customer circular from Evergreen, seen by The Loadstar, confirms that Shoe Kisen this morning appointed Richard Hogg Lindley as adjustor. For the vessel, now at...
The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight. While the vessel’s bow remained stuck on one side of the waterway this morning, the high spring tide this afternoon allowed salvors to re-float the entire ship and unblock the waterway after a week...
THE ATLANTIC writes: When a big jet airplane crashes, it almost always makes headlines around the world, and for good reason: Fatal passenger accidents are extremely rare. Right now, though, the eyes of the world are on the Ever Given, the massive container ship still stubbornly lodged between the banks of the Suez Canal. The Ever...
The first Asia-Europe container vessels have begun to be rerouted around the Cape of Good Hope, according to new AIS data. According to VesselsValue’s ship tracking data, Evergreen’s 20,400 teu Ever Greet, deployed on the Ocean Alliance’s NEU6 service (the same string as the stuck sister ship Ever Given), which had been...
Air, sea-air and rail freight demand is expected to rise significantly on Asia-Europe lanes as shippers try to avoid the chaos from the blocking of the Suez Canal by the Ever Given. “Increased air freight demand is almost unavoidable,” said one European forwarder. “Even if the vessel was salvaged today there would...
