Re:Suez Canal says traffic in channel resumes after stranded...
by PeterisP on Monday March 29, 2021 @11:23AM
(#26623094)
I believe that we can simply look at the channel fees lost due to the downtime - as far as I understand, the fee for using the channel is intentionally close to "the cost of extra fuel and food/pay for all of those ships doing additional miles", a bit lower but not much lower than the alternative of going around Africa.
Re:Suez Canal says traffic in channel resumes after stranded...
by glenneroo on Monday March 29, 2021 @05:14PM
(#26628261)
As posted elsewhere in this thread, this guy debunks that theory:
Re:Suez Canal says traffic in channel resumes after stranded...
by GordonS on Monday March 29, 2021 @11:14AM
(#26622968)
Container ships burn horrible, cheap bunker fuel, and the shipping industry is infamous for hiring crew from low-income countries like the Philippines, paying them a pittance, and treating them like modern-day slaves.
I'd strongly suspect that the costs for spoilage and knock-on effects from late delivery etc would outstrip crew and fuel costs by a large margin.
Re:Suez Canal says traffic in channel resumes after stranded...
by itismetheidiot on Monday March 29, 2021 @03:57PM
(#26627374)
Filipino Masters and Chief Engineers are being paid north of $8500/month. Evidently you are not well informed.
Re:Suez Canal says traffic in channel resumes after stranded...
by Loughla on Tuesday March 30, 2021 @10:53AM
(#26635295)
I'm not sure OP was talking about masters and chiefs (chiefes? Why does that look weird spelled both ways?).
I'm certain s/he was talking about juniors on the ships.
Regarding penalties re late delivery, I'm less worried about that. Cargo ships always have language about loss and force majeure. I think a stuck ship would qualify as force majeure. And a week shouldn't affect most perishables e.g. grain, that go into containers.