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The Panama canal saves about 8000 miles, which about 2 weeks time at 20 knots, plus fuel and crew, insurance, etc. That comes to $285k per day. Depending on the
by reginaldo 3y ago
The Panama canal saves about 8000 miles, which about 2 weeks time at 20 knots, plus fuel and crew, insurance, etc. That comes to $285k per day. Depending on the wait time (I've seen 20 days wait time in the past), that might be a rational decision even without considering late penalties.
- mistrial9 3y agothe full journey around the southern Cape.. fierce weather down there
- toomuchtodo 3y agohttps://en.wikipedia.org/wiki/Roaring_Forties https://en.wikipedia.org/wiki/Roaring_Forties https://escales.ponant.com/en/roaring-40s-furious-50s/ https://escales.ponant.com/en/roaring-40s-furious-50s/
- m2fkxy 3y agoand you won't find many cargo vessels doing 20 knots, that's more a fast ferry's territory.