Don’t miss the latest developments in business and finance.

Cargo Ship

The Suez Canal Authority said Monday that a cargo ship that went aground in the Egyptian waterway has been refloated Canal services firm Leth Agencies said the vessel, MV Glory, ran aground near the city of Qantara, in the Suez Canal province of Ismailia. The firm said three canal tugboats had been working to refloat the vessel. Officials had no details on what caused the vessel to run aground. Parts of Egypt, including its northern provinces, experienced a wave of bad weather Sunday. A cargo vessel ran aground in Egypt's Suez Canal on Monday, a canal services firm said. It wasn't immediately clear whether canal traffic was affected. Leth Agencies said the vessel, MV Glory, ran aground near the city of Qantara, in the Suez Canal province of Ismailia. The firm said three canal tugboats were trying to refloat the vessel. Officials had no details on what caused the vessel to run aground. Parts of Egypt, including its northern provinces, experienced a wave of bad weather Sunday. S

Updated On: 09 Jan 2023 | 2:20 PM IST

Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%

Updated On: 06 Dec 2022 | 10:37 PM IST

An Egyptian appeals court said it lacks jurisdiction to look into the Suez Canal Authority's demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway

Updated On: 24 May 2021 | 8:05 AM IST

Millions of dollars of cargo sinks to the bottom of oceans as pressure to speed deliveries raises the risk of safety errors.

Updated On: 27 Apr 2021 | 2:30 PM IST

The ship's GPS signal shows only minor changes to its position over the past 24 hours

Updated On: 26 Mar 2021 | 1:45 AM IST

At least 150 vessels are waiting to use the Suez Canal after a skyscraper-sized cargo ship wedged across the vital waterway

Updated On: 25 Mar 2021 | 3:40 PM IST

The Filipino crew member was rescued late Wednesday after Japanese navy P-3C surveillance aircraft spotted him wearing a life vest and waving while bobbing in the water

Updated On: 03 Sep 2020 | 12:35 PM IST

Officials in Tehran maintained no Iranian ship or gasoline cargo has been seized

Updated On: 15 Aug 2020 | 12:59 AM IST

Ports -Deendayal, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar, V.O. Chidambaranar, Visakhapatnam, Paradip and Kolkata-- saw only 0.44% growth in cargo handled during the period

Updated On: 12 Nov 2019 | 4:59 PM IST

All 11 crew members were rescued by Omani fishermen and Royal Oman Police

Updated On: 27 Aug 2016 | 10:22 PM IST