Suez Canal blocked by grounded container ship since at least 0600 UTC today - Traffic in both directions stopped; Millions of yuros' Amazon delivery dates updated

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Jimjamflimflam said:
So did the Johnny's come late not get the word about what happened and to detour when they had the chance?
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All formalities and logistics aside, by the time ships arrive at Suez they obviously don't have enough fuel to just turn back and go around the entire African continent. Their best bet is to wait there and hope for the best

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Dark Edea said:
So how does this impact us normies in our daily lives? I am not buying computer parts or new cars often. Does this blockage impact my vital stuff like grocery shopping or medicine?

How should a regular person in Europe or America react or "stock up" to mitigate this?
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I'm going assume you're going see various stuff out of stock and rise in cost of goods.

Stock up on food and water just in case.
 
Carlos Weston Chantor said:
All formalities and logistics aside, by the time ships arrive at Suez they obviously don't have enough fuel to just turn back and go around the entire African continent. Their best bet is to wait there and hope for the best

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Not to mention going the long way adds 2-3 weeks travel time.

As long as the ship gets removed in 1/2 weeks and unfucking the traffic jam takes less than a week its still a shorter trip hanging out with your engines off.

The fun will be if it takes longer or the something fucky happens and knocks the canal out for a month+ and already delayed shipping HAS to reroute after delaying.
 
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Sisi added an alternative lane a few years ago but the ever given is stuck right at the beginning of the canal so that's worth nothing now.
 
murdered meat bag said:
this isnt goibg to hurt america food wise is it?
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No, most foodstuffs are sourced in the US. Even this rumored toliet paper shortage won't really hit the West very bad. (The US/Canada all create their own supplies at home.)

However, it is going to jam up electronic parts and other infrastructure materials. It'll hit Europe especially hard. Most of the Americas trade lanes are in the Pacific.
 
neverendingmidi said:
He was happy as hell to fix that damage as it was real wood, and told my family how everything- including high end shit from expensive places- is wood veneer over compressed cardboard. Not even IKEA style particle board, straight up compressed paper.
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Thats why you buy from Denmark.
 
Annual revenues from the canal are something like $5.61 billion (in 2020 anyway, probably higher this year). Egypt's GDP is only ~$300 billion, so this is something like 2% of Egypt's GDP just being cut off. And that's a conservative estimate without taking into account all the Egyptian business that's generated by the canal that isn't directly captured by the Suez Canal Authority.

Egypt is already not a very stable country right now and it's not entirely unthinkable that this might further destabilize it, which could endanger shipping in the canal for far longer (possibly indefinitely).
 
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