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Suez Canal says traffic in channel resumes after stranded ship refloated

reuters.com

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Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#371

Post by 1996 »

airstrike wrote: post #264
dustingetz wrote: post #211

Earlier quoted context omitted.

principle agent problem and always has been ... what’s stunning is that civilization manages to create some amount of value despite this ... imagine what the world would be like if humans learned how to actually cooperate at scale and maximize long term in an antifragile way

In my bedroom as a young teenager I used to think a worldwide event which affected every person equally, like finding life in another planet, would surely usher in a new era of common interest and a shared view that we're all but the same thing: human. I've since turned more cynical and believe that greed is as essential to humanness as empathy, if not more, and without a strong moral code (and fear of being ostraciz…

> I've since turned more cynical and believe that greed is as essential to humanness as empathy, if not more, and without a strong moral code (and fear of being ostracized for breaking it), selfishness wins.

It's not the baker empathy that brings you bread, but his greed

> The pandemic has violently dispelled any remaining expectation I had for a future cosmopolitan society.

The pandemic makes me hope more people will see governments for what they are: restricting their freedoms for no good reasons, so it's better to starve the beast.

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#372

Post by dang »

The major threads appear to be:

Giant Ship Is Moved To and Fro to Break Suction: Suez Update - https://news.ycombinator.com/item?id=26617430 - March 2021 (229 comments)

Ever Given Everywhere - https://news.ycombinator.com/item?id=26617081 - March 2021 (63 comments)

Ever Given Ships Erratic Route into Suez Canal - https://news.ycombinator.com/item?id=26603778 - March 2021 (37 comments)

Ever Given Container Ship Fan Fiction - https://news.ycombinator.com/item?id=26593708 - March 2021 (33 comments)

HMM Rotterdam appears to be diverting to avoid congestion at Suez - https://news.ycombinator.com/item?id=26590105 - March 2021 (49 comments)

The bank effect and the big boat blocking the Suez - https://news.ycombinator.com/item?id=26586866 - March 2021 (92 comments)

Suez Canal: How are they trying to free the Ever Given? - https://news.ycombinator.com/item?id=26586278 - March 2021 (83 comments)

It 'Might Take Weeks' to Free Ship Stuck in Suez Canal - https://news.ycombinator.com/item?id=26585480 - March 2021 (51 comments)

Is that ship still stuck? - https://news.ycombinator.com/item?id=26585282 - March 2021 (1229 comments)

Suez canal blocked by a massive ship - https://news.ycombinator.com/item?id=26560319 - March 2021 (426 comments)

Others?

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#373

Post by ragebol »

mildweed wrote: post #368
Trasmatta wrote: post #140

I honestly love that it was freed using the "boring" solution. No need for any of the crazy solutions people proposed on the internet. Just careful and measured execution of proven techniques.

Choose Boring Technology

Should make a company around that!

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#374

Post by jacobreg »

thisisbrians wrote: post #342
leoh wrote: post #157

Earlier quoted context omitted.

There appears to be little "high-end engineering." Just a high tide and a bunch of tug boats.

They built a computer model to try and manage the stress on the ship as they worked to free it. It was not straightforward as the ship could have broken if they weren't extremely careful. They also had divers inspecting the hull for signs of stress. This was a massive, complex operation.

That sounds terrifying for the divers

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#376

Post by s1artibartfast »

distrill wrote: post #321
foobarbaz33 wrote: post #299

Earlier quoted context omitted.

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.

> They run the canal at maximum capacity indefinitely We have to stop doing this with all of our critical systems, it causes hiccups to be so costly.

What is so critical about the Suez Canal. If it were down for a month/year. what do you think the impacts would be? Would most ship traffic simply go around Africa?

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#377

Post by disgruntledphd2 »

srverma wrote: post #283
merely-unlikely wrote: post #274

Earlier quoted context omitted.

Boring, facts and research based industry/financial news exists. But it can cost upwards of a couple hundred thousand dollars per year. If you want real news, you'll have to pay for it.

What are your recommendations for real news? I've heard FT, WSJ, and the economist, and am looking to finally commit and sign up instead of relying on free. You get what you pay for is true in this case, and I don't wanna put drama based narratives in my head, which form my perception of the world.

The FT:

- Good if you care about mostly business in the developed world (Europe and US). - Really, really, really good features, solid visualisation, and a fairly wide breath of writers in terms of opinions.

The Economist:

- Very opinionated, but extremely diverse coverage of lots of different parts of the world (I've never come across a better English language source on Africa, for example). - Weekly, so if you only want to read news occasionally, it may work for you

WSJ:

- Pretty good coverage overall, the US business/tech coverage is much better (in depth) than the FT's - Their opinion section is like the NYT in bizarro-world.

In terms of price FT > Economist > WSJ.

It really depends on what you're looking for, but the FT works for me as a daily driver (I ended my subscription to the Economist, and only signed up for the WSJ about a month ago).

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#378

Post by s1artibartfast »

yrral wrote: post #261
JosephRedfern wrote: post #62

Lots of articles quote a $XXX billion dollars per day figure, but those numbers are normally for "worth of goods delayed" which, while interesting, doesn't tell the story to me. Are there any estimates as to the actual cost of this "mishap", due to e.g. spoilage, financial/contractual repercussions of late deliveries, personnel/fuel costs?

But isn't "worth of goods delayed" a reasonable figure? For example, if there is a total of X shipping capacity a year, and no reasonably priced alternatives (or extra capacity available via rail/air/etc), then disrupting $Y worth of goods for D days reduces the total amount of goods that can be traded that year by $Y*D. Or is there something I'm missing here?

The part you are missing is that shipping capacity/year is not hard capped.

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#379

Post by stcredzero »

WalterSear wrote: post #329
stcredzero wrote: post #286

Earlier quoted context omitted.

Facts are supposed give rise to an emergent narrative. That is good journalism. What we have in 2021, are people curating facts and only including those that fit their pre-determined narrative.

Worse: the narrative is curated to elicit pre-determined emotional reactions.

In other words: Reality TV!

Re: Suez Canal says traffic in channel resumes after stranded ship refloated

#380

Post by dev_tty01 »

mwgarcia wrote: post #229
Trasmatta wrote: post #140

I honestly love that it was freed using the "boring" solution. No need for any of the crazy solutions people proposed on the internet. Just careful and measured execution of proven techniques.

It's the only practical solution really. Cranes - Likely on a barge, on a relatively narrow canal. That's quite precarious. And make that two for both sides (canal is impassable). Heavy lift helicopters - Even the few multiple automated cranes capable of handling a ship this size take days to unload it. Also these helicopters are quite expensive to operate. Floatation devices - See Costa Concordia salvage operations.…

Agreed.

Cranes - the ones used in ports are absolutely massive. Not realistic.

Helicopter not possible. Max lift is the M-26 at 44,000 lbs and containers are rated for about 60,000 loaded lbs.

Flotation is unlikely due to lack of water depth. Bouyant force is based on displaced water.

As long as the ship remained intact, dredging and tugging was almost certain to work. Ultimately a simple problem. Just a matter of time. Of course, keeping the ship intact wasn't a certainty, so even beyond economic pressures, moving quickly was important.

They moved a bit slow at first before they realized how bad it really was. After that, it seemed like they did a great job getting the right experts involved and making it all happen about as quick as could be expected given all the logistics.

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