Suez Canal

Business News

Release Pending for 'Ever Given'

The massive container ship has been held in Egypt since it blocked the Suez Canal.

Business News

IKEA, Lenovo Among Businesses with Products Still Stalled in the Suez Canal

The massive cargo ship has 18,300 containers on board.

Business News

Egypt Has Seized the Ever Given and Now Wants More Than $900 Million for the Blockage the Ship Caused at the Suez Canal

UK Club, one of the Ever Given's insurers, said that the claim was 'largely unsupported.'

Business News

IKEA Says Ever Given's Suez Canal Delay Should Only Have 'Minor Impact on Availability'

The home-furnishings giant had 110 containers of products stuck on the recently freed cargo vessel and ships in its shadow.

Business News

Large Container Ship Finally Freed From Suez Canal

The 224,000-ton Ever Given had been stuck at the canal for nearly a week, leaving nearly 370 vessels, and billions in trade, at a standstill.

Business News

A Giant Container Ship Has Blocked the Suez Canal, And It's Costing $9.6 Billion Worth of Daily Marine Traffic

The Ever Given container ship has been grounded since Tuesday.