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A company that desperately needs parts stuck on one of these ships is only going to have at most, a handful of containers onboard. Those containers might be wor
by cc439 10y ago
A company that desperately needs parts stuck on one of these ships is only going to have at most, a handful of containers onboard. Those containers might be worth several million but then that one company would be shouldering 100% of the unloading costs for a negligible portion of the ship's cargo. Nobody wants to be the party that blinks first as the longer they wait, the greater the likelihood of another party paying those fees becomes.
It's in every party's best interest to get these ships docked and unloaded but no single party will own more than a fraction of the total cargo. Cooperation is possible but it will take months for hundreds of primary owners to come to an agreement. Before that happens, each one of those primary owners will need to come to agreements on cost-sharing with all the party's downstream from them in the supply chain first.
It's the very definition of "tragedy of the commons" played out in private enterprise.
- intrasight 10y agoSeems the very definition of "business opportunity" to me.
- tehwebguy 10y agoRight? You can work out a fee with all of the recipients that covers maybe all of your cost. Plus, free boat!
- brian-armstrong 10y agoThese boats are anything but free. Just owning one automatically costs you considerably. They are a liability.
- CamperBob2 10y agoPlus, free boat! Nothing free about boats. Best two days of your life: the day you buy a boat, and the day you sell it.
- dsfyu404ed 10y agoI recall a certain proverb about an expensive, wet hole.
- bbcbasic 10y agoIf it flies or floats, better to rent it.
- butbroski 10y agoYou missed another f word in that list. Paying a prostitute can be cheaper than marrying and then divorcing.