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As massive ship remains stuck in the Suez Canal, signs of global economic toll emerge
The Pittsburgh Post-Gazette ^ | March 27, 2021 | Sudarsan Raghavan, The Washington Post

Posted on 03/27/2021 1:46:07 PM PDT by Tolerance Sucks Rocks

CAIRO - A giant container ship remained wedged sideways in the Suez Canal on Friday as signs of its potentially huge global economic toll emerged with shipping rates rising and cargo ships being rerouted away from the vital waterway.

The Ever Given, a Panama-flagged vessel whose length is nearly the height of the Empire State Building, has been stuck in the canal since Tuesday, creating a massive traffic jam on both sides of the waterway that connects Asia to Europe.

On Friday morning, the canal’s service provider, Leth Agencies, said in a tweet that the Ever Given “remains grounded in the same position” with tugboats and dredgers working to “refloat” the vessel, which is blocking the flow of an estimated $12 billion in goods.

With some experts predicting that freeing the ship could take weeks, some global shipping companies on Friday began seeking alternative routes for their cargo.

At least seven tankers carrying liquefied natural gas were diverted, including three steered toward the longer route to Europe via the Cape of Good Hope in southern Africa. Another nine more tankers are expected to be diverted if the blockage continues into the weekend, an analyst for data intelligence firm Kpler told the Guardian newspaper.

At least four long range oil tankers with the capacity to haul 75,000 tons of oil are also possibly headed around the Cape of Good Hope, London-based ship brokering firm, Braemar ACM told Reuters, adding that shipping rates have nearly doubled this week “as the market starts to price in fewer vessels being available in the region.”

(Excerpt) Read more at post-gazette.com ...


TOPICS: Business/Economy; Egypt; Foreign Affairs; Government; Japan; News/Current Events
KEYWORDS: accident; canal; china; containers; egypt; evergiven; evergreen; mishap; naturalgas; oil; opec; prices; redchina; shipping; suez; suezcanal; taiwan
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To: MinorityRepublican

Well, maybe. I like Peter Zehan and recommend his works. I found this one on the British carriers and their problems. The narrator is annoying, but I think Zehan has a pretty good read on how things work. (I suspect because he consults with the US government, he has made some disparaging Trump remarks and I think he’s on the wrong page with Covid. I tend to skip those videos.)

One of the problems the Brit’s have, which I have read in other articles, is they are socialists. When they backed Hillary’s ill fated Libyan adventure, they literally fired all their cruise missiles. They ran their planes to the point they essentially had few ready for domestic uses.

They are like Germany, who, when I last looked had zero deployable submarines. They were all waiting dock space for repairs. The former defense minister was quoted as saying that they couldn’t fight a war at full tempo for more than a week because of no spare parts.

So, what Zehan has to say about the Brits and their support ships may have merit. On the other hand, it’s really hard to develop a reliable picture about anything these days as there is so much bad information out there.

Start at about minute six.

https://www.youtube.com/watch?v=xrIWr4K79Io


81 posted on 03/27/2021 3:53:17 PM PDT by Gen.Blather (Wait! I said that out loud? )
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To: Tolerance Sucks Rocks

Trumps fault...../s


82 posted on 03/27/2021 3:57:30 PM PDT by cranked
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To: Tolerance Sucks Rocks

They should just blow it up

I’m dead serious

Detonate charges inside vessel. Drag the carcass pieces out


83 posted on 03/27/2021 4:09:48 PM PDT by Truthoverpower (Fraud !!! Now we’re off the TRUMP TRAIN and on the Swamp express to communist hell !! TRUTH! )
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To: Tolerance Sucks Rocks

Think about all of that extra fossil fuel being burned to get these ships around Africa. The global warming, global cooling, climate change folks must be going crazy.


84 posted on 03/27/2021 4:18:46 PM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: toddausauras
Something seems weird here.

agree.

like a pandemic.

85 posted on 03/27/2021 4:26:01 PM PDT by alrea
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To: Tolerance Sucks Rocks

EVERGREEN SHIP

Includes Robin D. Bullock prophesy about a ship...

https://welovetrump.com/2021/03/25/the-evergreen-story-continues-to-unfold-red-sea-moment/


86 posted on 03/27/2021 4:32:44 PM PDT by stars & stripes forever (Blessed is the nation whose God is the Lord. (Psalm 33:12))
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To: Skywise
Evergreen Marine has a lot of vessels. Below is an excerpt of the full list. See #19:


87 posted on 03/27/2021 4:33:43 PM PDT by NautiNurse (It took 20 years for FL to clean up voter fraud in Broward and Palm Beach Counties. But we did it. )
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To: Tolerance Sucks Rocks

88 posted on 03/27/2021 4:36:03 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: grey_whiskers

😂


89 posted on 03/27/2021 4:39:22 PM PDT by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: grey_whiskers

LOL

You come up with the best memes.


90 posted on 03/27/2021 4:39:42 PM PDT by stars & stripes forever (Blessed is the nation whose God is the Lord. (Psalm 33:12))
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To: freedumb2003

The former traffic reporter in me couldn’t resist giving you a Suez Canal traffic update... pic.twitter.com/1CssLkQDty— Jon Hansen (@JonHansenTV) March 26, 2021


91 posted on 03/27/2021 4:40:51 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Tolerance Sucks Rocks

So can they remove all the cargo? Then get a large tug up at the bow and one at the stern and push opposite directions?


92 posted on 03/27/2021 4:42:18 PM PDT by tallyhoe
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To: Tolerance Sucks Rocks

I’ve yet to read why it got sideways in the canal.


93 posted on 03/27/2021 4:43:28 PM PDT by bgill (Which came first, Covid-19 or Gates and Fauci's mRNA-1273 Moderna vax?)
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To: Tolerance Sucks Rocks

How about some big azz trackhoes and mining buggys and just widen the canal?


94 posted on 03/27/2021 4:43:47 PM PDT by dmet
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To: Diana in Wisconsin

Hi Diana, see my post #91 this thread. :-)


95 posted on 03/27/2021 4:44:29 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Tolerance Sucks Rocks

I think I hear the year 2020 saying “Miss me yet?”


96 posted on 03/27/2021 4:46:15 PM PDT by EnderWiggin1970
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To: stars & stripes forever
You come up with the best memes.

I just keep an eye out for them, then bring them over here like a good FReeper.

97 posted on 03/27/2021 4:46:52 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: saintgermaine
Several heavy duty Caterpillars on tracks and on land with heavy cable hitched at the right place should be able to point this vessel in the right direction

Think a team of ants trying to pull your car.

98 posted on 03/27/2021 4:52:37 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: House Atreides

240,000 tons not counting the force needed to get it off the dirt its stuck in being pulled by winches?


99 posted on 03/27/2021 4:55:16 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: grey_whiskers

LOL - Good one!


100 posted on 03/27/2021 4:59:11 PM PDT by House Atreides
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