3 ms·
> It has cost us $30 billion dollars, so far... This valuation is based on Lloyd's list's valuation of Suez traffic at ~$10 billion / day, but surely that woul
by lucideer 6y ago
> It has cost us $30 billion dollars, so far...
This valuation is based on Lloyd's list's valuation of Suez traffic at ~$10 billion / day, but surely that would require all traffic to be permanently lost (rather than delayed) to add up to a concrete loss. Spoilage might be an issue with some cargo, plus there's other costs to delay, but I can't imagine the eventual loss will be anything close to $10 billion / day (excepting obvious large unknowns like market speculation).