Earlier quoted context omitted.
Agree it's incalculable, I don't mean that in the "it's too big of a number" sort of way but in the "we can't possibly know" kind of way: 1) The scale and depth of the disruption makes it impractical to figure in any kind of accurate way and 2) The disruption will have introduced hypotheticals that nay spiral out themselves (butterfly effect style) e.g. some retailer may have lost a customer who went elsewhere, some…
You can get a rough idea by thinking of this as if it were a natural disaster, and from that perspective I think the toll is probably not too bad. No casualties, very little property damage, and a week is not really all that long. However... that is no excuse to shrug this off. We were very, very lucky that it was only a week. The ship could easily have broken in two, which would have been a catastrophe of the first…
Suez Canal says traffic in channel resumes after stranded ship refloated
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Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#302Earlier quoted context omitted.
So what you're saying is, "it's complicated"?
Quite, but I'm also saying that your analogy was terminally flawed. Supply chain shipping != shipping your widget from Amazon.
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#303Earlier quoted context omitted.
While the Ever Given may not have an issue, the HAJH AMINA which is waiting in the Great Bitter Lake is a livestock carrier that should have been unloading in port yesterday.
Sure but the same principles apply - delays happen, and livestock ships are equipped to keep livestock alive with food and water well stocked in case they can't enter port for days(which again, happens all the time, sometimes papers aren't exactly right and the livestock has to wait on the ship until cleared for offloading)
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#304Earlier quoted context omitted.
It’s probably less than that because many transits would have just been delayed, not entirely cancelled.
They run the canal at maximum capacity indefinitely. Due to the lack of downtime, any delays are in effect the same thing as a cancel from the perspective of the canal owners.
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#305The canal is shallow at the sides, for a ship as this, this creates a suction when it's not in the middle.
The captain wasn't going straight ( zigzag) and while he wanted to get out of the suction on the left side, the ship turned way too much to the right.
There's a really good animation here at 1:03 in the video ( dutch): https://www.vrt.be/vrtnws/nl/2021/03/29/zeevaartschool-maakt...
Video is talking about a "sea driving school" that simulated the incident in their simulator.
My info above is the Dutch information required to see the video from 1:03 till after the animation.
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#306Earlier quoted context omitted.
There appears to be little "high-end engineering." Just a high tide and a bunch of tug boats.
Pretty sure I've seen a definition of engineering that was "Solve the problem by doing as little new as possible".
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#307Earlier quoted context omitted.
There appears to be little "high-end engineering." Just a high tide and a bunch of tug boats.
A high tide and some tug boats becomes 'high-end engineering' if it works
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#308Earlier quoted context omitted.
A high tide and some tug boats becomes 'high-end engineering' if it works
I'd guess figuring out where you can safely attach the tug boats, monitoring stability and stresses on the container ship and so on is non-trivial, too.
Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#309Re: Suez Canal says traffic in channel resumes after stranded ship refloated
#310Earlier quoted context omitted.
You can get a rough idea by thinking of this as if it were a natural disaster, and from that perspective I think the toll is probably not too bad. No casualties, very little property damage, and a week is not really all that long. However... that is no excuse to shrug this off. We were very, very lucky that it was only a week. The ship could easily have broken in two, which would have been a catastrophe of the first…
The canal revenues were down about $15m/day. If it really cost $7b a day, then Egypt is massively undercharging.
Obviously an extreme example, but the situation with this ship is likely similar. The damages probably far exceed the $15m/day in revenue (though I suspect they are far lower than $7b per day).