Egypt is wrong to use the crew of the now world famous ship Ever Given as bargaining chips in the insurance claim related to the vessel becoming stranded in the Suez Canal

Container shipping can provide a cost-effective way of distributing vaccines to low-income countries. But it will take time to convince pharma companies that it is up to the job

Freeing the Ever Given from the sandy banks of the Suez Canal was a relatively straightforward, if immensely difficult salvage task. Now comes the hard part for the white-collar side of shipping

Mr Cordero is highly aware that the 24/7 mentality cannot be limited to the dockworkers or even the port itself ‘because ultimately to have a robust 24/7 model, it has to move to the supply chain’ as a whole

Chinese manufacturing has stormed ahead while the US has yet to fully recover. That is causing higher levels of imports and rising freight costs

The shipping industry might be back to being ‘out of sight, out of mind’, but the domino effect of what happened on the Suez Canal at the end of March continues to dominate the markets’ agenda. While the dry bulk and container sectors are enjoying stellar earnings, spare a thought for the world’s tanker owners who have been steadfastly sifting through a plethora of economic and oil indicators over the past six months looking for any scrap of potential good news.

When a major shipping casualty occurs that attracts the attention of the mainstream media and general public, top executives from the key companies involved should be prepared to personally comment, and appear on television or radio, rather than rely on press releases in this era of rolling news and social media, in order to show leadership to the outside world

‘The ship is worth $100m or thereabouts. No one in their right mind is going to be paying a claim or providing security for nine times the value of the ship. They’ll just say, take the ship,’ says one London source