>The last time a big shipping line went bust, it took six months to clear the backlog. So I don't know a lot about accounting, but it sounds like the total cos

>The last time a big shipping line went bust, it took six months to clear the backlog. So I don't know a lot about accounting, but it sounds like the total costs of this backlog are likely to be far greater than the port fees? If so, it seems like it would make sense for insurance to be structured such that it pays these fees now rather than having to pay out all the claims for late delivery later?