Shipping:Suez Canal reopens after refloating of stranded containership

31 Mar 2021

Global Egypt Marine Liability Property & Casualty

Shipping has resumed in Egypt's Suez Canal after a stranded giant container ship blocking it since 23 March was finally freed by salvage crews. Multiple insurance claims are expected to be filed hereafter with stakeholders including the shipowner, the charterer, the Suez Canal Authority, shippers, cargo owners, P&I clubs, insurers and reinsurers.

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