Lt. Gen. Osama Rabie said the hulking Ever Given would not be allowed to leave the country until a compensation amount is settled on with the vessel''s Japanese owner, Shoei Kisen Kaisha Ltd.
The rescue of the cargo ship that choked the busy Suez Canal has put the spotlight on a sector
Egyptian President said the Ever Given's grounding had drawn attention to the importance of the waterway for global trade
Key waterway between Europe and Asia blocked since Tuesday; at least 369 vessels waiting to transit canal
A giant container ship grounded in the Suez Canal could be freed by the start of next week if heavier tugboats, dredging and a high tide succeed in dislodging it
Swedish furniture giant Ikea and yellow bulldozer-maker Caterpillar Inc. are among the many international companies facing supply-chain headaches
So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed
The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway
The relations between India and China are under stress over the current military standoff at Eastern Ladakh
Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month
The 11,947-ton Gulf Livestock 1 ship was carrying 5,800 cows west of the western coast of Amami Oshima in the East China Sea when it sent the distress call in the early hours of Wednesday
Tata Power said the sale proceeds will be used towards reducing the debt as well as to fund growth plans.
The port has also developed its own standard operating procedures measures and is complying with IMO and WHO guidelines
Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt
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
Freight-carrying capacity on container ships is expected rise 5.9% in 2018, outstripping demand growth for the first time since 2015