Sucks if you’re any guy waiting for anything. Lots of small companies ship small loads to small customers in consolidated loads that don’t even make a full container. Sucks to be either end of that.
Agreed. Some folks will be buying and paying for replacement gizmo(s) and eventually getting their original(s) off the Ever Given whenever the Egyptians deign to release the ransomed cargo.
That can suck.
It’s not just goods with a long lead time, but perishables too. I couldn’t find out how many of the containers on Ever Given were reefers (if any) but there are bound to be goods in the boxes that have a passed or rapidly approaching ‘use-by’ date.
Huh?!
Oh…
heres whats going on about that today
An interesting question is whether the Egyptians will let them remove the cargo. The more hostages the Egyptians hold, the more pressure on the ship owners to cough up soon & cough up large.
Letting 19,000 hostage containers go free removes a lot of pressure on the owners. It’ snot like the Egyptian government gives two hoots about the owners of the cargo or of the containers themselves.
I was thinking the same thing. On the other hand, if some of the cargo on board spoils, it loses any value as a bargaining chip. You don’t pay ransom for someone who’s dead.
What is the value of a container ship like that, or the cost to replace it? If the Canal Authority holds to their one-billion-dollar demand, would it be cheaper for Evergreen (or whoever owns it, I forget) to throw up their hands and say “keep it, it’s yours”? If the canal operators don’t want to go into the shipping business, how much could they sell it for? Would any shipping company buy it, or would they band together and not give in to Egypt’s extortionate demand and heavy-handed tactics?
I’m all in favor of figuring out who screwed up, and having them pay a reasonable restitution, but it doesn’t sound like that is happening. If they’re just making up the rules as they go, how strange could things get?
One major worry I have is that the crew is being held and not allowed to leave. How is that not false imprisonment or kidnapping?
I read somewhere that two big retailers with merchandise on the Ever Given are Aldi (the grocery chain) and IKEA. The Aldi stuff may well include a lot of perishables. As for IKEA, I imagine they will just continue their policy of being out of stuff that I’m looking for. 
But who will enforce a complaint that the sovereign government of Egypt is holding people? After all, their government has said it’s OK. Yes, I suppose somebody who cared could complain to the UN or something.
But over a few poor sailors who’re already considered disposable by whichever country they’re from? Not likely.
Discussed upthread. Probably in the $150M ballpark
guy who drove the excavator thing that was digging it out it getting paid a nice sum supposedly
That’s good news. I hope the company he worked for has a massive amount of money for him.
He’s certainly earned it, the poor bastard.
Looks like people may soon (?) get their shipping containers.
Yikes! I had assumed it had gone on it’s way after the incident. So there are hundreds of containers that still have not arrived at their destination - I wonder if any of them contain perishables. Ugh!
If they did contain perishables… well, not anymore.
And customers still don’t believe us at the store when we talk about supply chain problems…
At worst, I suspect that One Euro stores across Europe are running short of cheap sippy cups and toilet brushes.
I presume that most everything on board has been reordered and replaced. I wonder if the owners of the goods are going to have storage problems when they get an extra shipment.