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
COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into …
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 …
June 18, 2021
COLOMBO, Sri Lanka – A container ship carrying chemicals sank off Sri Lanka’s capital on Thursday nearly a month after catching fire, raising concerns about a possible environmental disaster. The ship’s operator said the wreck of the Singapore-flagged X-Press Pearl …
June 14, 2021
COLOMBO, Sri Lanka – Sri Lanka is seeking an interim claim of $40 million from the operator of a fire-ravaged cargo ship to cover part of the cost of fighting the blaze, officials said Saturday. Sri Lanka’s attorney general has …
June 8, 2021
Contaminants released from the wreckage of a container ship off the coast of Sri Lanka could be dragged thousands of kilometers by ocean currents, impacting wildlife and humans in far-reaching latitudes. Authorities and salvage crews are now working to prevent …
June 7, 2021
COLOMBO, Sri Lanka (AP) – Experts recovered the data recorder of a fire-ravaged ship carrying chemicals that is slowly sinking off Sri Lanka’s capital, as salvage crews stood by to head off a possible environmental disaster, officials said Sunday. The …
June 4, 2021
Russian President Vladimir Putin said a key stage of a gas pipeline to Germany that the U.S. targeted for sanctions had been carried out, ahead of his summit with counterpart Joe Biden. “I’m happy to say that today, two and …
June 3, 2021
Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war and breach call risks. Keel offers up to $152.2 million of capacity per risk and provides instant quotes that are …