Suez Canal Blockage shows that Indians are all SCUM, IRRESPONSIBLE and Corrupted to the CORE

[tanwahtiu]

Kra project will be speed up to protect Asians searoutes from shitskin ahnehs...

 

[syed putra]

Kra project will be speed up to protect Asians searoutes from shitskin ahnehs...

Nope

 

[Hypocrite-The]

Suez Canal blockage: Friday attempt to refloat stranded ship unsuccessful
An excavator is used to dig out the MV Ever Given, a 400m-long vessel lodged across Egypt's Suez Canal. (Photo: AFP)
26 Mar 2021 11:06PM
(Updated: 26 Mar 2021 11:10PM)
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CAIRO: An attempt to refloat the stranded mega-vessel blocking the Suez Canal has failed, the ship's technical manager Bernhard Schulte Shipmanagement (BSM) said on Friday.
The firm said the Dutch rescue team had confirmed that two additional tugs will arrive on Mar 28 to assist in refloating the ship.
READ: Megaship blocks Suez Canal: What we know so far

On Friday, an official from Shoei Kisen Kaisha, the Japanese company that owns the Ever Given, said that crews were working to refloat the ship.
Egypt's Suez Canal Authority has said between 15,000 and 20,000 cubic metres of sand would have to be removed in order to reach a depth of 12m to 16m and refloat the ship.
READ: Suez Canal blockage may disrupt supplies to the region: Ong Ye Kung

However, salvage experts had warned earlier on Thursday the shutdown could last days or even weeks.
The company and its insurers could face claims totalling millions of dollars from the Suez Canal Authority for loss of revenue and from other ships whose passage has been disrupted.
The blockage could cost global trade US$6 billion to 10 billion a week, a study by German insurer Allianz showed on Friday.
Ratings agency Moody's expects Europe's manufacturing and car parts suppliers to be most affected because they operate "just-in-time" supply chains.
"Even if the situation is resolved within the next 48 hours, port congestion and further delays to an already constrained supply chain is inevitable," it said in a statement.
IMPACT ON OIL
About two dozen ships could be seen from the shores of Port Said on Friday morning, according to a Reuters witness.
Oil prices rose over 3 per cent on Friday as more than 30 oil tankers have been waiting on either side of the canal since Tuesday, shipping data on Refinitiv showed.
However, the delays come at a time of low seasonal demand for crude oil and liquefied natural gas (LNG), which will likely mitigate the impact on prices, analysts said.
Data intelligence firm Kpler said 10 crude oil tankers were awaiting entry to the canal. About 4 million barrels of mostly Kazakh CPC Blend and some Russian Urals were waiting along with tankers carrying Libyan, Azeri and some North Sea crude oil for Asian refiner, traders said.
READ: Egypt's Suez Canal: A history of the key route

Egypt's SUMED pipeline operator quickly approached crude traders to see whether they wanted to book space in the system but so far, traders prefer to wait to avoid high additional costs.
Analysts expect a greater price impact on smaller tankers carrying oil products, like naphtha and fuel oil, for export from Europe to Asia, if the canal remains shut for weeks.
"Around 20% of Asia's naphtha is supplied by the Mediterranean and Black Sea via the Suez Canal," said Sri Paravaikkarasu, director for Asia oil at FGE, adding that re-routing ships around the Cape of Good Hope could add about two weeks and extra fuel costs to the voyage.
The blockage is weighing on the already weak Asian gasoil, or diesel, market. More than 60 per cent of Asian exports to the west flowed via the choked Canal in 2020, according to FGE.
"Aframax and Suezmax rates in the Mediterranean have also reacted first as the market starts to price in fewer vessels being available in the region," shipbroker Braemar ACM Shipbroking said.
At least four Long-Range 2 tankers that might have been headed towards Suez from the Atlantic basin are now likely to be evaluating a passage around the Cape of Good Hope, Braemar ACM said. Each LR-2 tanker can carry around 75,000 tonnes of oil.
The cost of shipping clean products, such as gasoline and diesel, from the Russian port of Tuapse on the Black Sea to southern France jumped 73 per cent over the last three days to US$2.58 a barrel on Mar 25, according to Refinitiv Eikon data.
The shipping index benchmark for LR2 vessels from the Middle East to Japan, known as TC1, has climbed by a third since last week to 137.5 worldscale points, said Anoop Jayaraj, clean tanker broker at Fearnleys Singapore. Worldscale is an industry tool used to calculate freight rates.
On the crude side, traders have had to pay 10 to 20 per cent more for replacement tankers but market freight rates have not yet risen as charterers are not ready to commit to higher levels in case the container is freed this weekend, shipbrokers said.
Source: Reuters/AFP/ic

 

[Hypocrite-The]

According to the Ah Neh newssite. The vessel lost power. So that means the crew fucked up on tge maintenance. But another ang mor site says ships have been forced to use low sulphur fuel in the name of environmentalism. N the engines hate the fuel..n alot of ships are having issues with the fuel. So tat why got problem. Anyway i dont know who to believe anymore. But a ship full of ah nehs is never a good thing.

 

[eatshitndie]

According to the Ah Neh newssite. The vessel lost power. So that means the crew fucked up on tge maintenance. But another ang mor site says ships have been forced to use low sulphur fuel in the name of environmentalism. N the engines hate the fuel..n alot of ships are having issues with the fuel. So tat why got problem. Anyway i dont know who to believe anymore. But a ship full of ah nehs is never a good thing.

unker sam would say if they were to use pmd power this would not have happened.

 

[batman1]

Come to Red Dot,u Ah nehs will be welcomed with red carpet at Changi Airport.

 

[zeddy]

will be super sexpensive to send up elite crew to top containers, secure them to heavy lift choppers, unlock them, and remove one container at a time. a squadron of choppers and elite crew may reduce the time required, and choppers will need a hard safe zone to land containers with another crew waiting to unhook/unlatch. imagine all the manpower and logistics that need to be flown in from other cuntries to the accident site. it’s like a military undertaking. may be saf scholar generals can volunteer to get more peacetime medals and rival the feat of one cable car rescue hero general.

Port authorities should try cheaper alternative by calling the Somalian pirates to help being down the containers. LOL.

 

[zeddy]

 

[zeddy]

Some old pics from yesteryears saved on my mobile during my past voyages. That was when I was still working for my old company. The sun, the sea and the pussies. Nowadays age catching up so I'm just based in the office.

 

[eatshitndie]

Port authorities should try cheaper alternative by calling the Somalian pirates to help being down the containers. LOL.

 

[Hypocrite-The]

Massive Cargo Ships Are Outrun by Nimble Fleet in New Speed Race

• 

(Bloomberg) --
For years, container shipping was a rough business. Margins were minuscule, the risks were high and growth prospects bobbed with the unpredictable tides of global trade. That it's now generating record profits is one of the great economic surprises of the pandemic.
The transformation over the past year also debunks a premise expressed loudly by pundits and politicians in recent years that U.S.-China trade, the most vital route of international commerce, was heading inexorably down a path of steady decline. The world wants more from China Inc. today than ever, and — as illustrated by the containers piled high on a ship stuck in the Suez Canal this week — companies in the U.S. and Europe need it faster than before.
Scroll to continue with content
Accelerated by more online shopping, the demand is so strong that customers of ocean freight are increasingly willing to pay up for it, too. At Matson Inc., a Honolulu-based company with a fleet of smaller, nimbler vessels that charge a premium over the rates to transport on much larger ships, the need for a quick Shanghai-to-Los Angeles service became so great that executives decided to add a second weekly run last year and make it a permanent offering.
“I was getting calls at 2 in the morning from customers saying ‘Look, you’ve got to do something, you’ve got to help me,”’ Matthew Cox, Matson's CEO, said in an interview.
Matson’s main business is shuttling staple goods to Hawaii and Guam and it ranks outside the top 20 largest container lines. But its stock jumped almost 40% last year and the industry as a whole is healthier than ever, topping more than $200 billion in estimated revenue in 2020. It’s conceivable that the largest players including Denmark’s A.P. Moller-Maersk A/S and China’s Cosco Shipping Holdings Co. ended a tumultuous year with their most profitable quarter to date.
Another $1.9 trillion in U.S. fiscal stimulus may keep the good times going in 2021. Maersk CEO Soren Skou said on Tuesday that “we have to expect that some of that money will be used to buy goods that need to be transported.”
Still, running full steam has revealed how temperamental the backbone of the global trading system is when stretched: Crews are overworked, thousands of containers have tumbled overboard in high seas and the vessel blocking Suez threatens wider economic problems if it snarls traffic for more then a few days.
Read More: Suez Canal Snarled With Giant Ship Stuck in Top Trade Artery
Beyond the setbacks, ocean freight companies have been propelled by a confluence of factors. First, governments from Australia to Belgium kept consumers flush with cash and their financial systems liquid. Then China’s factories and American consumers recovered quickly from last year’s initial shocks and emerged from three years of supply-and-demand turmoil — a U.S.-China trade war followed by the pandemic — still intertwined.
“China remains the manufacturing floor of the world,” Cox said in early March. “There are problems that are real and need to be dealt with, but it doesn’t change the fact that China has built a very capable network that in the short run people will find very difficult to replace.”
Story continues

 

[Froggy]

Some old pics from yesteryears saved on my mobile during my past voyages. That was when I was still working for my old company. The sun, the sea and the pussies. Nowadays age catching up so I'm just based in the office.

Office no sea, no sun, certainly have pussies so no worries.

 

[zeddy]

Office no sea, no sun, certainly have pussies so no worries.

Yes Big Chief. Few Pinoy pussies in the office. I'm trying to bait one SYT Pinay by bringing her for lunch at Jollibee every Thursday. But she's playing hard to get. Wish me luck.

 

[Rogue Trader]

Yes Big Chief. Few Pinoy pussies in the office. I'm trying to bait one SYT Pinay by bringing her for lunch at Jollibee every Thursday. But she's playing hard to get. Wish me luck.

Hope you can eat her Chibyejoy soon

 

[syed putra]

Massive Cargo Ships Are Outrun by Nimble Fleet in New Speed Race

• 

(Bloomberg) --
For years, container shipping was a rough business. Margins were minuscule, the risks were high and growth prospects bobbed with the unpredictable tides of global trade. That it's now generating record profits is one of the great economic surprises of the pandemic.
The transformation over the past year also debunks a premise expressed loudly by pundits and politicians in recent years that U.S.-China trade, the most vital route of international commerce, was heading inexorably down a path of steady decline. The world wants more from China Inc. today than ever, and — as illustrated by the containers piled high on a ship stuck in the Suez Canal this week — companies in the U.S. and Europe need it faster than before.
Scroll to continue with content
Accelerated by more online shopping, the demand is so strong that customers of ocean freight are increasingly willing to pay up for it, too. At Matson Inc., a Honolulu-based company with a fleet of smaller, nimbler vessels that charge a premium over the rates to transport on much larger ships, the need for a quick Shanghai-to-Los Angeles service became so great that executives decided to add a second weekly run last year and make it a permanent offering.
“I was getting calls at 2 in the morning from customers saying ‘Look, you’ve got to do something, you’ve got to help me,”’ Matthew Cox, Matson's CEO, said in an interview.
Matson’s main business is shuttling staple goods to Hawaii and Guam and it ranks outside the top 20 largest container lines. But its stock jumped almost 40% last year and the industry as a whole is healthier than ever, topping more than $200 billion in estimated revenue in 2020. It’s conceivable that the largest players including Denmark’s A.P. Moller-Maersk A/S and China’s Cosco Shipping Holdings Co. ended a tumultuous year with their most profitable quarter to date.
Another $1.9 trillion in U.S. fiscal stimulus may keep the good times going in 2021. Maersk CEO Soren Skou said on Tuesday that “we have to expect that some of that money will be used to buy goods that need to be transported.”
Still, running full steam has revealed how temperamental the backbone of the global trading system is when stretched: Crews are overworked, thousands of containers have tumbled overboard in high seas and the vessel blocking Suez threatens wider economic problems if it snarls traffic for more then a few days.
Read More: Suez Canal Snarled With Giant Ship Stuck in Top Trade Artery
Beyond the setbacks, ocean freight companies have been propelled by a confluence of factors. First, governments from Australia to Belgium kept consumers flush with cash and their financial systems liquid. Then China’s factories and American consumers recovered quickly from last year’s initial shocks and emerged from three years of supply-and-demand turmoil — a U.S.-China trade war followed by the pandemic — still intertwined.
“China remains the manufacturing floor of the world,” Cox said in early March. “There are problems that are real and need to be dealt with, but it doesn’t change the fact that China has built a very capable network that in the short run people will find very difficult to replace.”
Story continues

Its a one way traffic. Cargo going out of china and nothing much coming in. The way xi jinping wants it to finance his war machines.
I

 

[Hypocrite-The]

Its a one way traffic. Cargo going out of china and nothing much coming in. The way xi jinping wants it to finance his war machines.
I

That y the buyers are the loosers

 

[zeddy]

Earlier went to my former boss place for some drinks and game of pool. He had info that the vessel was actually piloted by 2 Egyptians from the local Port authority. I had forgotten one important fact that local pilots would always board the vessel when that particular vessel is entering in or out of the waterways. Their job is to guide the captain and they would also assist in the navigation for the vessel safe passage. And seems like the overloaded containers partly to be blamed. This giant vessel with one propeller is like a sail. With containers stacked up so high, and passing through a small channel, it can be blown to one side with strong wind. This is what being told by my former boss earlier who had 30 years of experience handling tugs and LNG carrier.

 

[laksaboy]

Suez Canal should be closed for one year. Time to upgrade and renovate.

 

[syed putra]

Suez Canal should be closed for one year. Time to upgrade and renovate.

It was just upgraded.under this new president.

 

[syed putra]

Earlier went to my former boss place for some drinks and game of pool. He had info that the vessel was actually piloted by 2 Egyptians from the local Port authority. I had forgotten one important fact that local pilots would always board the vessel when that particular vessel is entering in or out of the waterways. Their job is to guide the captain and they would also assist in the navigation for the vessel safe passage. And seems like the overloaded containers partly to be blamed. This giant vessel with one propeller is like a sail. With containers stacked up so high, and passing through a small channel, it can be blown to one side with strong wind. This is what being told by my former boss earlier who had 30 years of experience handling tugs and LNG carrier.

Maybe next time, a tug boat will need to accompany one of these big container vessels as it goes through the canal.