That figure is for the value of goods that traverse the canal, not the closed cost. The canal generated 5.61 billion USD in 2020 [0] so it is costing them 15 million dollars a day in lost revenue.

For the shipping companies, they can still go around Africa and the cost of doing that is probably only a little higher than paying the toll as Egypt wants to extract as much money as they can without pricing it over the cost of going around Africa otherwise the shipping companies would just do that in the first place.

[0]: https://en.wikipedia.org/wiki/Suez_Canal_Authority#:~:text=I....

I was wondering how far I'd have to scroll down this thread to get to the "does Egypt have any nukes?" solution.

I haven't spotted "now you have two problems" anywhere yet.

Nah but a US ICBM could be there in 30 min.

It makes you wonder if anyone has an old aircraft carrier they'd be willing to use as a battering ram. Try to hit it towards the bow to dislodge it.

And if that ram breaks you'll not just have a giant container ship stuck there, but a bloody aircraft carrier as well. :D

Clearly that's when you send in the next aircraft carrier.

You get two aircraft carriers ramming each end from different sides. Then if the aircraft carriers get stuck on the bank, ships can still pass in-between them.

Newport News Shipbuilding had the old Enterprise CVN 65. May be slightly contaminated.

Slice the containers into three pieces. Take each piece by helicopter. It would probably take a month.

With so many ships going through every day for decades it’s a wonder this never happened before.

We’ve had ships this big only for a few years.

In its simplest form, Murphy's Law states: If anything can go wrong, it will.

Which is what fraction of what the Fed is lending. Problem solved.

From orbit.