4 ms·
Is someone paying for ships to do this or are they doing their own calculations and realizing it’s cheaper for them to leave fast?
by schainks 5y ago
Is someone paying for ships to do this or are they doing their own calculations and realizing it’s cheaper for them to leave fast?
- anonymouse008 5y agoThis is the question that ties into mine — if the economic incentives have changed (i.e. there is no penalty for renters of containers to not get containers back to their primary shipper) then this is a perfectly reasonable response to the change from Covid to today — i.e. the new game is moving the ship as fast as possible with no downtime. If the demurrage is still incurred, then there’s some other alternatives that do not appear to be completely without nefarious intent.
- schainks 5y agoI can’t help but think these decisions are being made on some assumptions from data produced by buggy software algorithms… Hopefully we’re doing better than that!
- antman 5y agoAnd what is the delay time if the ships decide to wait to load containers for the return?
- rdtwo 5y agoIf a single extra trip is lucrative enough and at current rates it’s 5-10 regular prices that would make sense to forgo loading in the us and just hurry home
- bombcar 5y agoFor awhile that’s beneficial to the shipper until all containers are empty in LA and none exist in China to fill.
- hansel_der 5y agopretty sure chinese companies will be happy to produce new containers for a small fee
- bombcar 5y agoI suppose at some point it becomes cheaper to melt down the containers and ship them back as raw steel to be rebuilt in China.
- robocat 5y agoIt might be other forces driving their decision. Maybe the ships are booked and are already late to pickup next load with penalty clauses for delay, or the port has other costs that mean it wants to speed up getting the next ship unloaded.