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ever given

Says Stann Marine

Agreement in principle reached over Suez Canal ship

Ismaila - 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 authority. Work was under way to finalise a signed settlement agreement as soon as possible and arrangements for the release of the "Ever Given" vessel would be made after formalities had been dealt with

In two years

Suez Canal to widen, deepen 30 kilometres of channel

Suez - Plans have been unveiled by Suez Canal Authority chairman Osama Rabie to widen and deepen 30 kilometres of the waterway between Suez and the Great Bitter Lake, reported Adderbury, England's Bunkerspot. The announcement by Admiral Rabie was also attended by the Egyptian President Abdel Fattah al-Sisi, who gave his approval for the start of work to be completed in 24 months