And now...Let's block the Suez

Discussion in 'International Business' started by Paul Norman, Mar 25, 2021.

  1. Paul Norman

    Paul Norman UKBF Ace Free Member

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    The interruptions to international logistics have got a fair amount of thread space here, and elsewhere.

    The reasons given are variously Covid and Brexit.

    So now let's introduce the 3rd variable. Let's park a massive ship sideways in the Suez Canal for a bit.

    Anyone got any stuff in the queue that is building up?
     
    Posted: Mar 25, 2021 By: Paul Norman Member since: Apr 8, 2010
    #1
  2. atmosbob

    atmosbob UKBF Ace Free Member

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    Apparently there are container loads of vials on their way to have vaccines put in them.
     
    Posted: Mar 25, 2021 By: atmosbob Member since: Oct 26, 2009
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  3. Interestedobserver

    Interestedobserver UKBF Ace Free Member

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    We don't need terrorists any more. Anything they can do the world can seem to do worse on its own without even trying
     
    Posted: Mar 25, 2021 By: Interestedobserver Member since: Apr 15, 2020
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  4. WaveJumper

    WaveJumper UKBF Ace Free Member

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    It is amazing the bad new just seems to keep on coming. Makes you wonder though we can put something on Mars but here on Earth we are building ships so big that tugs cannot control them in a high wind and apparently with poor visibility they could not see where they were going. You couldn't make it up if you tried.
     
    Posted: Mar 25, 2021 By: WaveJumper Member since: Aug 26, 2013
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  5. Mike Foulds

    Mike Foulds UKBF Regular Free Member

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    Think Evergreen have paid good money to install a "rent-a-dam" across the Suez Canal to keep the rates high. Absolutely NOT what the industry needed right now!!
     
    Posted: Mar 25, 2021 By: Mike Foulds Member since: Mar 21, 2018
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  6. atmosbob

    atmosbob UKBF Ace Free Member

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    30 mph is hardly a gale.
     
    Posted: Mar 25, 2021 By: atmosbob Member since: Oct 26, 2009
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  7. WaveJumper

    WaveJumper UKBF Ace Free Member

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    I think when you are a 200,000 ton behemoth anything over a slight puff is a problem. A trip to Tesco maybe in order tonight as have just seen this on Bloomberg:

    'The world really doesn’t need more toilet paper problems. But unfortunately the biggest producer of wood pulp -- the raw material for products including bath tissue -- is warning that the global crunch in shipping containers could start creating supply snags'.

    Just when you thought it could not get any worse eh :)
     
    Posted: Mar 25, 2021 By: WaveJumper Member since: Aug 26, 2013
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  8. Red Wood

    Red Wood UKBF Regular Free Member

    656 74
    You couldn't make it up...

    Got freight about 9 days away from the canal which had already been bumped.

    I'm not a conspiracy theorist, but there are alot of rumours similar to @Mike Foulds mention.
     
    Posted: Mar 25, 2021 By: Red Wood Member since: Jan 14, 2014
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  9. Mr D

    Mr D UKBF Legend Free Member

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    Just think of the many millions of people who have never heard of them before now learning their name!

    No bad press, just advertising!

    The ship owners now have a choice, send their ships via the much longer route that is more expensive in fuel - or wait in what will become increasingly crowded waters for maybe getting a slot days after the ship is eventually moved. If it can be moved.

    All those ports ..... they'll be sat around doing nothing with a fraction of their work stuck at sea. Then suddenly a lot more ships will arrive in a short period of time.

    Chaos? Overtime? And what it will do to shipping schedules for the next year .....

    Anyone think this will drive up the cost of a container? :)
     
    Posted: Mar 25, 2021 By: Mr D Member since: Feb 12, 2017
    #9
  10. Mr D

    Mr D UKBF Legend Free Member

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    The preppers were almost right. It wasn't a breakdown in law and order that caused the panic of '21, it was the shortage of toilet paper. And who has lots of this valuable commodity they aren't selling for any price.... ? The preppers.
     
    Posted: Mar 25, 2021 By: Mr D Member since: Feb 12, 2017
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  11. WaveJumper

    WaveJumper UKBF Ace Free Member

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    Care of CNBC:
    "The stranded mega-container vessel, Ever Given in the Suez Canal, is holding up an estimated $400 million an hour in trade, based on the approximate value of goods that are moved through the Suez every day, according to shipping data and news company Lloyd’s List. Lloyd’s values the canal’s westbound traffic at roughly $5.1 billion a day, and eastbound traffic at around $4.5 billion a day"
     
    Posted: Mar 25, 2021 By: WaveJumper Member since: Aug 26, 2013
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  12. Mr D

    Mr D UKBF Legend Free Member

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    How long before some divert?
     
    Posted: Mar 25, 2021 By: Mr D Member since: Feb 12, 2017
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  13. WaveJumper

    WaveJumper UKBF Ace Free Member

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    Was just reading that Baer who has containers on vessels stuck in both lanes of the Suez Canal, said if it stays closed, vessels will be diverted and go around the horn of Africa, which adds an additional seven to nine days to a trip. None of this is good news on top of the problems that already exist
     
    Posted: Mar 25, 2021 By: WaveJumper Member since: Aug 26, 2013
    #13
  14. Mr D

    Mr D UKBF Legend Free Member

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    Well we had a pandemic in 2020 and were searching for a disaster in 2021.
    Which bright spark thought of messing up Christmas by having a ship block the canal?
     
    Posted: Mar 25, 2021 By: Mr D Member since: Feb 12, 2017
    #14
  15. WaveJumper

    WaveJumper UKBF Ace Free Member

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    I suppose the million dollar question is what's next ........ lockdown through the summer
     
    Posted: Mar 25, 2021 By: WaveJumper Member since: Aug 26, 2013
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  16. Red Wood

    Red Wood UKBF Regular Free Member

    656 74
    Posted: Mar 25, 2021 By: Red Wood Member since: Jan 14, 2014
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  17. FaaF

    FaaF UKBF Newcomer Free Member

    16 0
    Do you ever sit in a traffic jam and, eventually, some person up front says "screw this", pulls a U-turn and heads back a different road. Then, one-by-one, everyone else follows suit.

    That's how it is either end of the Suez Canal right now... lol
     
    Posted: Mar 26, 2021 By: FaaF Member since: Jan 17, 2021
    #17
  18. WaveJumper

    WaveJumper UKBF Ace Free Member

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    When we start hearing the news that they have to off load the fuel and containers to give it some free board which will probably take weeks it will be follow the leader
     
    Posted: Mar 26, 2021 By: WaveJumper Member since: Aug 26, 2013
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  19. Paul Norman

    Paul Norman UKBF Ace Free Member

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    That does raise the possibility of a whole new conspiracy theory. Why blow things up when you are cause more pain by blocking the path?

    I know I am going to regret suggesting this. May I immediately reassure you that I am only kidding.
     
    Posted: Mar 26, 2021 By: Paul Norman Member since: Apr 8, 2010
    #19
  20. patientlady

    patientlady UKBF Ace Free Member

    1,444 282
    Apparently they are considering taking off containers! I fear a disaster. I cannot even cope with my seedlings that have been repotted and after to 'carefully' moving them I haven't got a clue which are sweet peppers, normal or chillis! They just all look the same:) Looks like i will have to wait a few months to find out :) I am glad I am not the captain...
     
    Posted: Mar 26, 2021 By: patientlady Member since: Aug 25, 2009
    #20