Ever Green

Largest container ship 'EVER ART' crosses New Suez Canal for 1st time

Thu, 30 Jun 2022 - 02:10 GMT

EVER ART is the largest container ship in the world, and follows the shipping line "EVER GREEN".

Suez Canal Authority head denies waiving compensation rights in confidential deal with Ever Green insurer

Wed, 07 Jul 2021 - 09:52 GMT

Head of the Suez Canal Authority (SCA) Osama Rabie held a press conference on Wednesday as Ever Given ship left the waterway after striking a confidential deal with the insurance company.

Egypt's Suez Canal Blockage causes large loss for global reinsurer industry: Fitch

Mon, 29 Mar 2021 - 10:29 GMT

It added that the blockage would reduce global reinsurers’ earnings but should not materially affect their credit profiles, while prices for marine reinsurance will rise further as a consequence of the container ship ‘Ever Given’ grounding in the canal.

Oil prices fall 2% after delinquent ship "Ever Given" partially floated

Mon, 29 Mar 2021 - 10:08 GMT

Brent crude prices decreased by $ 1.4, equivalent to 2.1%, to reach $ 63.2 per barrel. US crude fell by about $ 1.5, or 2.4%, to hit $ 59.5 a barrel.