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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#2692879 14-Apr-2021 19:36

cost of going through Suez for a mega ship is US 400 ~~mil~~ k

cost of going around is + circa 150~~mil~~ k in fuel costs alone

i'm not sure how many shipping companies went around

edited not M, but k

Bung

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#2692886 14-Apr-2021 19:56

Batman:
cost of going through Suez for a mega ship is US 400 mil

cost of going around is + circa 150mil in fuel costs alone

i'm not sure how many shipping companies went around

Have you jumped a few decimals?

Random source last year
"Writing on LinkedIn, container shipping expert Lars Jensen noted that the route chosen by CMA CGM is more than 3,000 nautical miles longer than via the three-week Suez Canal route and the speed for the new journey has been increased by more than two knots despite the added five days to the schedule equating to an approximate $200,000 higher fuel bill for each ship. However, Suez Canal tolls are in the region of $400,000 to $500,000 per transit."

Jase2985

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#2692904 14-Apr-2021 20:47

calculate it yourself

https://www.suezcanal.gov.eg/English/Navigation/Tolls/Pages/TollsCalculator.aspx

something like the evergiven would be close to 700k less any discount they may get

also @batman watch this, as your giving out incorrect information again.

https://www.youtube.com/watch?v=0iwOZOb90fM

Batman

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#2692913 14-Apr-2021 21:25

Bung:
Batman:

cost of going through Suez for a mega ship is US 400 mil

cost of going around is + circa 150mil in fuel costs alone

i'm not sure how many shipping companies went around

Have you jumped a few decimals?

Random source last year
"Writing on LinkedIn, container shipping expert Lars Jensen noted that the route chosen by CMA CGM is more than 3,000 nautical miles longer than via the three-week Suez Canal route and the speed for the new journey has been increased by more than two knots despite the added five days to the schedule equating to an approximate $200,000 higher fuel bill for each ship. However, Suez Canal tolls are in the region of $400,000 to $500,000 per transit."

sorry edited, yeah k not M

frankv

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#2693032 15-Apr-2021 09:00

ANglEAUT:

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.

Right. But, on average, there's 360 ships a week going through the Suez Canal. And according to Wikipedia "By the time traffic through the Suez Canal resumed, more than 400 ships were waiting" i.e. about one week's worth. So it would suggest that very few ships changed to going round Africa *during* the week of closure... they all went into the queue. Maybe a few more rerouted in the following weeks, assuming it took that long to clear the queue.

Oh, and Wikipedia says that $300M of the claimed cost was for "loss of reputation".

frankv

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#2693036 15-Apr-2021 09:15

Batman:

cost of going through Suez for a mega ship is US 400 mil k

cost of going around is + circa 150mil k in fuel costs alone

i'm not sure how many shipping companies went around

edited not M, but k

This page suggests that the Suez Canal had come close to pricing itself out of the market in 2020. So probably you would be OK to assume that costs of going round Africa are similar to the cost of going through the Canal.

I think the main benefit of the Canal is the time it saves.... 13 or so days for a ship that travels at 15 knots.

Batman

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#2698591 27-Apr-2021 08:58

an unimportant fact of the day about the Suez ...

there was a First Officer who was forced to stay on an abandoned ship without basic facilities after their owners abandoned the ship at the south entrance of the Suez when it was detained by Egypt and the Egyptian authorities appointed the first officer as guardian of the ship forcing him to stay on it since May 2017

Only after mediation by some international group which negotiated an Egyptian to take his place as guardian was he then allowed to go home last week, and he still has unpaid wages

https://www.bbc.com/news/world-middle-east-56842506

Batman

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#2698592 27-Apr-2021 08:59

frankv

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#2698610 27-Apr-2021 09:26

The cargo ship was held because it had expired safety equipment and classification certificates.

It should have been easy enough to resolve.

I'm guessing it became difficult when they failed to pay the required baksheesh.

The Aman's owners, Tylos Shipping and Marine Services, told the BBC they had tried to help Mohammed but that their hands were tied.

"I can't force a judge to remove the legal guardianship," a representative told us. "And I can't find a single person on this planet - and I've tried - to replace him."

It's interesting to note that the owners could have resolved this years ago by paying what they owed for fuel, but this concept seems foreign to them. Or, I guess, by selling the ship.

neb

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#2698812 27-Apr-2021 15:55

Batman:
there was a First Officer who was forced to stay on an abandoned ship without basic facilities after their owners abandoned the ship at the south entrance of the Suez when it was detained by Egypt and the Egyptian authorities appointed the first officer as guardian of the ship forcing him to stay on it since May 2017

There's an even worse case of this, the Yellow Fleet, which was trapped in the Suez Canal from the end of the Six-day War until 1975, eight years in total, although the last crew were allowed to leave in 1972. They built their own community, had sporting events, issued stamps, showed films, and so on, there's several books about it.

ANglEAUT

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#2698930 27-Apr-2021 18:55

neb: There's an even worse case of this, the Yellow Fleet, which was trapped in the Suez Canal from the end of the Six-day War until 1975, eight years in total, although the last crew were allowed to leave in 1972. They built their own community, had sporting events, issued stamps, showed films, and so on, there's several books about it.

Longer than this post, shorter than a book: https://99percentinvisible.org/episode/great-bitter-lake-association/

... They were stranded for so long, the convoy earned the nickname the Yellow Fleet because the sandstorms in the region stained the hulls of the ships. ...

... The Great Bitter Lake Association was a way to regulate the unofficial marketplace that had sprung up between the ships, and bring some order to their makeshift community. It was also a social committee. Membership in the GBLA included ...

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