Expeditors dismisses legal threat, but plaintiff strikes back
A long-standing CEO hastily retiring, as disclosed on 19 February and other key executives expected ...
Rather predictably, there’s more misery in store for shippers and forwarders with cargo onboard the Ever Given. An Egyptian court has rejected a vessel release request from its Japanese owner, Shoe Kisen, according to this report in gCaptain. The Suez Canal Authority remains adamant it is owed close to $1bn, a figure derided by the vessel’s insurers. The next court hearing has been set for 22 May.
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