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Were straits not doing insurance at all before? Would have thought that all straits were charging for it after the Ever Given disaster. The strategy can’t perma
by jimbob45 4mo ago
Were straits not doing insurance at all before? Would have thought that all straits were charging for it after the Ever Given disaster. The strategy can’t permanently be “wait for the EU or US to fix it in a week as worldwide markets crash”.
- gtirloni 4mo agoThe Ever Given was stuck in the Suez Canal. Narrowest width: - Strait of Hormuz (33 km) - Bab-el-Mandeb (26 km) - Strait of Gibraltar (13 km) - Strait of Malacca (2.8 km) - Bosphorus (700 m) - Suez Canal (205 m) <- Ever Given - Panama Canal (55 m)
- jimbob45 4mo agoNo I understand that the Suez Canal is unique but there are other ways one ship can blow it for everyone. Dumped toxic cargo for one.