4 ms·
Lloyd's List estimated that every day Suez is closed costs US$9 billion ($400 million per hour). If it could be done technically and open up the canal, it w
by nabla9 6y ago
Lloyd's List estimated that every day Suez is closed costs US$9 billion ($400 million per hour).
If it could be done technically and open up the canal, it would be cheaper for insurance companies to buy the ship, it's cargo, buy all nearby property and then blow the whole ship up.
- maxerickson 6y agoFrom orbit.
- sellyme 6y agoI was wondering how far I'd have to scroll down this thread to get to the "does Egypt have any nukes?" solution.
- suzzer99 6y agoIt 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.
- neither_color 6y agoWith so many ships going through every day for decades it’s a wonder this never happened before.
- HenryKissinger 6y agoIn its simplest form, Murphy's Law states: If anything can go wrong, it will.
- bergie 6y agoWe’ve had ships this big only for a few years.
- a9h74j 6y agoWhich is what fraction of what the Fed is lending. Problem solved.
- mrep 6y agoThat 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=In%202020%2C%20the%20total%20revenue,billion%20passed%20through%20the%20canal https://en.wikipedia.org/wiki/Suez_Canal_Authority#:~:text=I....
- imtringued 6y agoSlice the containers into three pieces. Take each piece by helicopter. It would probably take a month.