July 13, 2021
The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local time following inspections at Port Said, a canal source said on Tuesday. Ship tracker MarineTraffic showed the Ever Given to …
July 12, 2021
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe report. Aon said Europe will face insured losses of more …
July 7, 2021
ISMAILIA, Egypt – The Ever Given, one of the world’s largest container ships, resumed its journey and left the Suez Canal on Wednesday, 106 days after becoming wedged across a southern section of the waterway for nearly a week and …
July 4, 2021
ISMAILIA, Egypt — The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had been agreed in a compensation dispute, and the canal authority said the vessel …
June 28, 2021
PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its second industry loss estimate for the New South Wales and Queensland floods, which occurred in March 2021. The second estimate of the insurance market loss is A$916 …
June 28, 2021
MEXICO CITY – The first hurricane of the eastern Pacific season brushed past the coastal shoulder of southwestern Mexico Monday, keeping just off shore while sweeping the coast with heavy rains and winds that raised the threat of flash floods …
June 25, 2021
Hrusky, Czech Republic — Emergency workers and residents combed through wreckage in southern Czech Republic on Friday after a tornado ripped roofs off buildings and sent cars flying through the air, killing at least five people and injuring hundreds. The …
June 24, 2021
Egypt expects to finalize an agreement next week for compensation over the giant ship that blocked the Suez Canal in March, according to the waterway’s top official. The Suez Canal Authority will sign a deal with the owners and insurers …
June 23, 2021
ISMAILIA, Egypt – A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute with the canal …
June 21, 2021
ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two …