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A comment on Why billions of dollars of goods are stuck at sea. Parent comment

Re:Why billions of dollars of goods are stuck at sea by aristus on Thursday September 22, 2016 @04:01PM (#12559851)
It'd be a neat resolution, but that's basically telling one set of creditors to make a second set of creditors whole out of their own pockets. And there's likely thousands of them with multiple layers: eg, your new iPhone 7 is stuck on one of these ships. Are you the owner, or is Apple? or Foxconn? etc.
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Re:Why billions of dollars of goods are stuck at sea by bwilliams18 on Thursday September 22, 2016 @04:45PM (#12560230)
The answer to that question is not complicated. It's either Apple or Foxconn, and it's clearly determined in their contract. One of them has it on their books as current inventory, not both.
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Re:Why billions of dollars of goods are stuck at sea by thesehands on Thursday September 22, 2016 @05:36PM (#12560554)
Yep, one would expect a quick consult of incoterms on the b/l would quickly clear up ownership per container.
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