I think we are going to need a bigger digger.

Forums › Transport (cars, bikes and boats) › I think we are going to need a bigger digger.

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#2684868 31-Mar-2021 16:23

DonH: They recently finished double-laning (actually 2 separate channels) a 35KM stretch. It cost US$5bn and doubled the two-way navigable section.....

They obviously don't have any environmentalists standing in the way of progress - you can't even build a badly needed drinking water reservoir around here without an expensive fight.

elpenguino

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#2684871 31-Mar-2021 16:27

tripper1000:

DonH: They recently finished double-laning (actually 2 separate channels) a 35KM stretch. It cost US$5bn and doubled the two-way navigable section.....

They obviously don't have any environmentalists standing in the way of progress - you can't even build a badly needed drinking water reservoir around here without an expensive fight.

Have you seen the Sinai?

The justification for further double tracking would come in the guise of decreased transit times. Time is money and since you saved more time, pay more money.

Most of the posters in this thread are just like chimpanzees on MDMA, full of feelings of bonhomie, joy, and optimism. Fred99 8/4/21

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#2685055 31-Mar-2021 21:10

the universe had a hand in the refloat

those in the know saying the dredge did not have the reach to dredge under the ship. And the 10 rug boats did not have the capacity to pull. It was mainly the tide that did it

https://edition.cnn.com/2021/03/30/world/worm-moon-spring-tide-suez-canal-container-ship-scn/index.html

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#2685829 2-Apr-2021 20:11

Captain explaining

Quite slow, if you are impatient start at about 6 mins in

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#2692605 14-Apr-2021 12:43

$900 million (?US) bill to ship owners

https://edition.cnn.com/2021/04/13/business/ever-given-seized-compensation-bill-intl/index.html

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#2692607 14-Apr-2021 12:45

meanwhile they haven't paid the digger operator in the memes

https://www.businessinsider.com.au/suez-excavator-driver-worked-21-hour-days-hasnt-got-overtime-2021-4

Eva888

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#2692649 14-Apr-2021 13:28

Almost makes you want to start a 'give a little' page for him.

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#2692650 14-Apr-2021 13:29

Eva888: Almost makes you want to start a 'give a little' page for him.

not sure if you're tongue in cheek but too late, someone's already done that

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#2692653 14-Apr-2021 13:33

No I was serious. I hate when the little guy loses out when there are billions being thrown around. This happens a lot in poorer countries.

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#2692655 14-Apr-2021 13:37

Eva888: No I was serious. I hate when the little guy loses out when there are billions being thrown around. This happens a lot in poorer countries.

ah i meant maybe you knew it has already been done, and just wanted to hint at that - but yes it's already been done!

https://www.gofundme.com/f/pay-suez-excavator-driver-abdullah-abdul-gawad

wellygary

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#2692661 14-Apr-2021 13:44

Batman:

$900 million (?US) bill to ship owners

https://edition.cnn.com/2021/04/13/business/ever-given-seized-compensation-bill-intl/index.html

Anyone who has cargo on this vessel is gonna be really steamed, this standoff could drag out for years as insurance companies bicker over who should pay who what....

Given its the only leverage the Canal Company have I would expect the boat (and its containers) to be going nowhere for a while...

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#2692664 14-Apr-2021 13:49

the article says the insurer is negotiating with egypt ... watch this space

frankv

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#2692769 14-Apr-2021 16:06

Batman:

$900 million (?US) bill to ship owners

Surely this is a fantasy? How many ships actually did the trek around the Cape of Good Hope rather than queuing up? Because the fees from those ships is the only income that the Canal owners have lost. Yes, there's a few million for maintenance and repairs. But $900M?

From https://safety4sea.com/suez-canal-transit-tolls-to-remain-the-same-in-2021/:

The Suez Canal Authority published traffic figures for 2020, noting that 18,829 ships with a net tonnage of 1.17 billion tonnes passed through the canal during 2020.

The revenues of Egypt’s Suez Canal reached 5.61 billion U.S. dollars in 2020, Chairman of the Suez Canal Authority (SCA) Osama Rabie informed last week.

On average, that's $108M/week. The canal was blocked for 1 week. So, if *every* ship in that week went around the Cape, they would have lost income of $108M. $792M is a lot of maintenance and repairs.

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#2692777 14-Apr-2021 16:22

frankv:On average, that's $108M/week. The canal was blocked for 1 week. So, if *every* ship in that week went around the Cape, they would have lost income of $108M. $792M is a lot of maintenance and repairs.

... and Salvage Costs are added into it.

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#2692873 14-Apr-2021 18:53

frankv:

On average, that's $108M/week. The canal was blocked for 1 week. So, if *every* ship in that week went around the Cape, they would have lost income of $108M. $792M is a lot of maintenance and repairs.

It would actually be more than "every ship in that week". Some captains might have decided on day 2 to go round the cape, other captains might have decided on day six & others still might have seen the queue build up & decided to go round the cape even though the ship has been cleared.

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