Author Topic: Suez Canal Blocked  (Read 2451 times)

Ben

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Suez Canal Blocked
« on: March 24, 2021, 09:17:28 AM »
A container ship is blocking the Suez Canal. It might be a few days before they pull it out.

This was interesting to me because when I was still with the G, and right after 9/11, I was part of a tabletop exercise regarding terrorists blowing a ship just inside the port of LA/LB, and the ensuing dominoes. In that exercise, it took a month to clear the port, and there was a cascade reaction that left stores stripped of goods in the middle of the country within a couple of weeks.

I'm not super familiar with what goes in and out of the Suez, but guessing it won't have a super big effect on things, especially in only a few days, but it will be interesting to watch.

https://twitchy.com/gregp-3534/2021/03/24/photos-suez-canal-blocked-by-giant-container-ship-could-be-stuck-for-days/

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bedlamite

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Re: Suez Canal Blocked
« Reply #1 on: March 24, 2021, 09:20:53 AM »
It'll have a much bigger effect on Europe. We don't bet much through the Suez.
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WLJ

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Re: Suez Canal Blocked
« Reply #2 on: March 24, 2021, 09:33:01 AM »
It'll have a much bigger effect on Europe. We don't bet much through the Suez.

Anything that effects Europe has a ripple effect on us. There are times I think the world is too darn interconnected.
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Fly320s

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Re: Suez Canal Blocked
« Reply #3 on: March 24, 2021, 09:41:01 AM »
I was going to say that oil prices will probably rise, just based on speculation that the oil supply will be affected.  Then I found this article, dated yesterday, that says oil prices are falling in the US due to high inventory.  https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Fall-Further-After-API-Reports-Crude-Inventory-Build.html

Islamic sex dolls.  Do they blow themselves up?

WLJ

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Re: Suez Canal Blocked
« Reply #4 on: March 24, 2021, 09:42:50 AM »
"Sometimes I think the surest sign that intelligent life exists elsewhere in the universe is that none of it has tried to contact us".
- Calvin and Hobbes

French G.

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Re: Suez Canal Blocked
« Reply #5 on: March 24, 2021, 09:50:46 AM »
Biden’s people did it to demonstrate how powerful the wind can be.  Been through the ditch probably fifteen times. Always fascinating but wouldn’t want to be there if hostilities commenced.
AKA Navy Joe   

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Jim147

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Re: Suez Canal Blocked
« Reply #6 on: March 24, 2021, 10:55:31 AM »
Someone's getting told "You had one job."
Sometimes we carry more weight then we owe.
And sometimes goes on and on and on.

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Ben

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Re: Suez Canal Blocked
« Reply #7 on: March 24, 2021, 11:01:02 AM »
Someone's getting told "You had one job."

Usually one "aw *expletive deleted*it" cancels out ten "attaboys". I'm guessing this will have a different ratio.  =D
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French G.

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Re: Suez Canal Blocked
« Reply #8 on: March 24, 2021, 11:08:59 AM »
Steering casualties are not uncommon. I have corked around for a day while they fixed one.
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Ben

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Re: Suez Canal Blocked
« Reply #9 on: March 24, 2021, 11:22:05 AM »
Steering casualties are not uncommon. I have corked around for a day while they fixed one.

For a while there back in CA, we had ships floating dead in the water in the shipping lanes because of a new CA clean fuel law at the time. The ships had to switch from whatever dirtier bunker fuel they used to the cleaner CA fuel as they entered state waters, and I guess a lot of the older ships had problems with restarts and would bob around for several hours to more than a day before they got the engines going again.
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Angel Eyes

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Re: Suez Canal Blocked
« Reply #10 on: March 24, 2021, 11:27:42 AM »
Scuttlebutt on InstaTwitFace is they were trying to turn the ship and the rudder got stuck.
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Re: Suez Canal Blocked
« Reply #11 on: March 24, 2021, 12:18:39 PM »
On the plus side there's plenty of land right next to it from which they can rig winches and lines to drag the bow and stern back into the center of the channel.

They should probably keep that gear on hand going forward into future too; mechanical failures are just a when, not an if.

230RN

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Re: Suez Canal Blocked
« Reply #12 on: March 24, 2021, 12:28:45 PM »
Maybe they could use mineral oil.

Always works for my blockages.
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WLJ

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Re: Suez Canal Blocked
« Reply #13 on: March 24, 2021, 12:36:49 PM »
Maybe they could use mineral oil.

Always works for my blockages.

The supertanker with the mineral oil is backed up
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K Frame

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Re: Suez Canal Blocked
« Reply #14 on: March 24, 2021, 12:56:14 PM »
WTI's up $3.35 a barrel right now.

Because as everyone knows, the US gets West Texas Intermediate through the Suez Canal...
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MillCreek

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Re: Suez Canal Blocked
« Reply #15 on: March 24, 2021, 01:09:57 PM »
And the Canal is unblocked and the vessel under tow.
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
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MechAg94

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Re: Suez Canal Blocked
« Reply #16 on: March 24, 2021, 01:12:56 PM »
WTI's up $3.35 a barrel right now.

Because as everyone knows, the US gets West Texas Intermediate through the Suez Canal...
They take the scenic route.
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HankB

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Re: Suez Canal Blocked
« Reply #17 on: March 24, 2021, 02:31:16 PM »
Joe Hazelwood just gets a new Captain's job and then this happens to him . . .
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French G.

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Re: Suez Canal Blocked
« Reply #18 on: March 24, 2021, 02:52:36 PM »
Imagine being some hapless Sri Lankan crewman transiting the ditch when Israel decides the world needs more speed bumps in the Suez.
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K Frame

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Re: Suez Canal Blocked
« Reply #19 on: March 24, 2021, 03:01:17 PM »
Nothing says SPIKE THOSE OIL PRICES IT'S A GLOBAL POCK-O-LIPS! like a 4 hour shipping interruption...

*expletive deleted*ing idiots.
Carbon Monoxide, sucking the life out of idiots, 'tards, and fools since man tamed fire.

bedlamite

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Re: Suez Canal Blocked
« Reply #20 on: March 25, 2021, 08:56:42 AM »
Nothing says SPIKE THOSE OIL PRICES IT'S A GLOBAL POCK-O-LIPS! like a 4 hour shipping interruption...

*expletive deleted*ing idiots.

Apparently, prices are down:

https://finance.yahoo.com/news/asia-stocks-look-mixed-u-232646780.html

Some are blaming the stuck ship for the drop in Bitcoin, but that drop started a couple days sooner:

https://www.bitcoinvalue.com/currencies/bitcoin/

Looks like the captain was trying to draw something, just like NAVY fighter pilots do:



A plan is just a list of things that doesn't happen.
Is defenestration possible through the overton window?

K Frame

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Re: Suez Canal Blocked
« Reply #21 on: March 25, 2021, 09:44:27 AM »
Yep, prices started falling when pre-trading started in the Asian and Australian markets late last night.

Currently WTI is down $1.94 a barrel.
Carbon Monoxide, sucking the life out of idiots, 'tards, and fools since man tamed fire.

Blakenzy

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Re: Suez Canal Blocked
« Reply #22 on: March 25, 2021, 10:23:00 AM »
I thought global warming caused the waterline to rise  =|
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Ben

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Re: Suez Canal Blocked
« Reply #23 on: March 25, 2021, 10:33:42 AM »
And the Canal is unblocked and the vessel under tow.

I just read an article from a couple of hours ago that it's still blocked:

https://www.cnn.com/2021/03/25/middleeast/suez-canal-ship-blockage-intl-hnk/index.html
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MillCreek

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Re: Suez Canal Blocked
« Reply #24 on: March 25, 2021, 10:35:00 AM »
^^^I saw that too; the report I read has now been taken down.  They called in SMIT, which is one of the heavyweights in the marine salvage world.
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
You are one lousy risk manager.