ShippingWatch

Evergreen affirms authority's million-dollar claim and calls it "unsubstantiated"

The claim for compensation from the Suez Canal Authority is largely "unsubstantiated," says shipping company Evergreen, which hereby confirms the claim of USD 916 million. The parties have not yet reached an agreement.

Photo: Mohamed Abd El Ghany/REUTERS / X02738

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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