Ever Given container ship aground in the Suez Canal

dmnlksm

Padawan Learner
This man is a financial expert who also worked as a CEO (Morgan Stanley). He is featured in the media with his successful international political forecasts. Sometimes he talks about the triad of soul, body and mind. He talks about how people don't know the soul and destiny enough.
He seems confident about the Evergreen thing.

 

cope

Jedi Council Member
This man is a financial expert who also worked as a CEO (Morgan Stanley). He is featured in the media with his successful international political forecasts. Sometimes he talks about the triad of soul, body and mind. He talks about how people don't know the soul and destiny enough.
He seems confident about the Evergreen thing.
Maybe this is to make plandemic believers look silly, like a turkish anon/whitehat?
It is interesting to see the Turkish media experiment with the genre but..
Really, the story is not coherent, totally lacks facts, and floats on speculation.
For one, nobody has seen containers being taken off the ship. That would be near impossible to do.
A climate change bomb in the Evergreen, underway to the 5G treatment, no less, lol.
 
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itellsya

SuperModerator
Moderator
FOTCM Member
This man is a financial expert who also worked as a CEO (Morgan Stanley). He is featured in the media with his successful international political forecasts. Sometimes he talks about the triad of soul, body and mind. He talks about how people don't know the soul and destiny enough.
He seems confident about the Evergreen thing.

I wouldn't recommend that video for similar reasons to what cope has stated above. From the minute i watched and having read a bit of the blurb, his claims are nonsensical.

He says: 'Turkey, Israel/Mossad, Egypt, Qatar carried out a secret operation against globalist powers by taking down the Ever Given that was carrying a shipment which included a technological weapon that would accelerate climate change'

It seems to conclude that those nations saved the day and averted the world from disaster... People in the comments are thanking Israel and saying that they think now peace will have a chance... :umm:
 
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Yupo

The Living Force
FOTCM Member
Has anyone seen reports about the containers being opened and what was found? I have seen it on a couple alt news posts, but certainly nothing confirmed...
I have heard there was some human cargo and some serious weapons. No way to know if any of that is true or not. Would not surprise me if true, and not just for this particular carrier. What I heard specifically (3rd hand, as I avoid those sites anymore) was that there is a way to quickly scan large numbers of containers for contents. I believe this might be true as I've heard the same thing over the years from military people, alluding to impressive imaging capabilities.
All hearsay at best.
The conspiracy angle I've heard is that it was run aground intentionally to expose this stuff, or to interrupt delivery, and or to save (some of the) lives. Not so sure about all that. Sounds a bit like savior porn to me.
 
Here's a couple more "nuts and bolts" reports about the impact from the Suez fallout at ports around the world and where the Ever Given is:


As much as 1.9m teu of cargo is expected to be caught up in the Suez Canal-driven supply chain congestion shortly to engulf many of the world’s largest container ports.

According to new data from supply chain visibility platform Project44, the recent canal blockage has led to a cumulative delay to shipping fleets of 1,072 days.

And the largest ports are expected to bear the brunt of a short-term surge in ship calls as carriers try to get services back on schedule.

According to Project44 data, over 370,000 teu of capacity is currently en route to the world’s largest transhipment hub of Singapore, adding to the 83 vessels – collectively equating to 299,310 teu – already at the port, or anchored and waiting to unload, as of yesterday.
The picture is similar at Rotterdam, where 15 ships, representing 196,600 teu, will arrive over the next week, creating a lengthy queue behind the 85 vessels already at port or waiting to enter.

New York is facing a backlog of 76,500 teu, either having arrived or still inbound from the Suez Canal, Malaysia’s Port Klang has a build-up of 103,900 teu and Dubai is facing 75,879 teu.
TEU stands for Twenty-Foot Equivalent Unit which can be used to measure a ship's cargo carrying capacity.
As ports attempt to clear this mounting backlog, there will also be an impact on liner schedule reliability, with port delays measured in days also on the rise, and Project44 calculated that delays on the Shanghai-Rotterdam trade had risen to seven days, compared with 2.79 days this time last year.

The Shanghai-New York route saw the average March delay climb to 8.05 days, compared with 1.09 last year, while Shenzhen-Hamburg delays grew to 9.23 days (3.52 in March 2020) and on Shenzen-New Jersey, median delays have now hit an eye-watering 12.92 days’ average delay, compared with just 0.29 days in 2020.

And with this potentially unprecedented build-up of cargo at box terminals around the world, insurers have warned it is likely to affect the entire container supply chain and increase the risk of freight crime – particularly theft.

Director of loss prevention at the TT Club Mike Yarwood explained: “Beyond the delay to cargo on board those ships affected, there will inevitably be a knock-on impact for those involved in discharging the containers at destination ports when they finally arrive, as well as the final-mile delivery carriers. When the cargo does start to turn up, the further potential risks emerge.

“The risk of theft at ports and freight depots in this scenario is heightened and a greater focus on security is required. Whether it simply be at an overspill holding or storage area, or temporary warehousing, wherever and whenever cargo is not moving, it is more likely to be stolen.

“Those active in the supply chain should be mindful of these security risks. Due diligence, undertaken to ensure that any third-party provider of storage is adequately resourced to meet these demands, is a prudent step to take in these circumstances,” he added.
So lost of congestion at the ports due to incoming cargo flow; increased potential for theft...

This next article discusses where the ship is being repaired and when cargo owners can expect they're cargo. Shipper's note they are receiving little information from port authorities - 🤔


The stand-off between the Suez Canal Authority (SCA) and the Japanese owner of the 20,124 teu Ever Given over compensation has entered a third week.

Meanwhile, European cargo owners are still none the wiser as to when and where their containers will be made available, or the percentage of the value of their cargo that will be required by the average adjusters in the form of an insurance bond or cash deposit.

The vessel was re-floated on 29 March after becoming wedged across the waterway for six days, and was moved to the Great Bitter Lake convoy assembling point for surveyors to assess any damage to the hull.

Owner Shoei Kisen Kaisha confirmed on 3 April that an underwater inspection of the ship had taken place the previous day and the results passed to the vessel’s classification society, the American Bureau of Shipping (ABS), which would “determine what, if any, repairs may be required”.

Shoei Kisen Kaisha added that it would “continue to fully cooperate” with the SCA in its accident investigation and had submitted to the canal authority nautical information data from the ship’s VDR (black box) recording device. It also confirmed that the crew were “in good health”.

Since then, however, there have been no further updates from the shipowner, while negotiations have continued with the SCA – reported to be demanding $1bn in compensation to cover the costs of freeing the vessel and the estimated $100m loss of transit fees.

SCA chairman and MD Admiral Osama Rabie said the authority had “spared no effort” to salvage the stricken ship, deploying 15 tugs, two dredgers and 600 personnel to the casualty.

“The vessel will remain here until investigations are complete and compensation is paid,” he told The Wall Street Journal.

According to a local agency contact, once an agreement has been reached on the SCA’s compensation claim and the vessel is allowed to sail, the most likely destination to discharge its 10,000 plus containers is Port Said. [me - Egypt; Mediterranean coast] Then the ship can proceed to a dry-dock for repairs, said to be “relatively minor but necessary”.

Shippers will need to satisfy the average adjuster, Richards Hogg Lindley, with the production of the relevant documentation along with an Average Bond Form and Average Guarantee Form. Then, shippers granted a GA release after security has been provided will probably be required to pay again to relay their cargo to the final destination port.

In the case of the 15,282 teu Maersk Honam GA in 2018, MSC requested $1,250 per 40ft container from shippers to cover on-carriage.

Apart from the official GA declaration, shippers with cargo onboard the Ever Given complain they have had “little if any information” from Evergreen or its Ocean Alliance vessel sharing partners, CMA CGM and Cosco/OOCL, on the current status of their cargo.

“Surely they have a duty of care to their customers and can’t just wash their hands of the cargo just because General Average has been declared,” said one UK-based shipper.
https://theloadstar.com/wp-content/...0YXImdXRtX2NvbnRlbnQ9QWdpbGUlMjBWaXNpYmlsaXR5
Just speculating a bit here, but if there are plans for an 'event' look towards the port of destinations which are getting very congested. It wouldn't be the first a war was started by the sinking of a ship or two, right? :shock:... Also, from what I've learned container's have very strict legal binding documents that make it very difficult to release the contents publicly or even at the port of destination. Chances are the cargo will be picked up at Port Said by another container carrier and brought to it's destination albeit very late.

I hope this provides others with a bit of perspective on the affects of the blockage and the delivery of goods whatever they may be. Stay tuned I guess...
 

cope

Jedi Council Member
The shipping collapse is getting worse. Christmas gifts will be arriving late, if at all..

We have previewed for months that port congestion in southern China could be a more severe problem than the shutdown of the Suez Canal in March. Port congestion at Yantian International Container Terminal, a deepwater port in Shenzhen, Guangdong, is operating at 40% capacity and is seeing vessel delays of more than 16 days, significantly impacting exports to the US.

Just outside of Yantian is the Outer Pearl River Delta (OPRD) Area, where the number of container vessels is waiting to access ports on the mainland has hit multi-year highs.
At the end of June, 75 container ships were moored in OPRD, surpassing levels from early February of around 35 and about 50 in February 2020. These vessels are waiting for berths to open up at ports.
The congestion has surpassed March's Suez Canal blockage in terms of container disruption with median wait times around 18 days, according to data from project44.

"From port handling in Yantian alone, the sheer number of containers (not vessels) impacted now exceed the number of containers impacted in Suez," Lars Jensen, CEO of advisory Vespucci Maritime, said in a post on LinkedIn.

Jensen warned: "Add to this ripples such as problems in recent weeks getting new empty containers into South China. Then you will have a pile of cargo in backlog coming out of Yantian once everything re-opens given rise to a surge on the destination side with some timelag. You will have a pile of reefer cargo already on vessels inbound for Yantian but which is now being discharged in other ports increasing the risk that other ports will run out of reefer plugs (as we also saw in early 2020)."

Meanwhile, international container shipping rates have hit never before seen levels amid a historic global scramble to secure goods and inventory...
Congestion and soaring shipping costs are more bad news for Walmart, Target, Amazon.com, and top retailers who are now placing holiday orders for Chinese-made merchandise weeks earlier this year, as a global shipping backlog threatens to leave many gift buyers empty-handed this Christmas shopping season.

The latest shipping data out of China suggest port congestion continues to worsen as supply chain woes are expected through the second half of this year.
 

cope

Jedi Council Member
Economic chaos is fuelling the shipping chaos.

Bloomberg reported on the commodity boom a few days ago, interviewing commodity hedge fund manager Doug King. He argued we're in a structural inflation shock:

Commodities are back, and from pension funds to physical commodity traders, everyone is making money. The question now is whether it’s a temporary snapback from the pandemic or signals a longer-term shift in the structure of the global economy. King is in no doubt.
“We are facing a structural inflation shock,” King said. “There’s a lot of pent up demand, and everyone wants everything now, right now.”
For the first time since the pre-crisis years before 2008, the commodities boom means central banks are fretting about inflation.
 

Laurentien2

The Living Force
FOTCM Member
Here is a short post cast (18:00 min.) by Laura-Lynn that may explain what is going on in the shipping industry. Even if what is happening in this video is in Vancouver Canada it may be developing globally as we speak.

Some point:

-Interview with port employee, no work this summer when it is usually the peak season and container not being unloaded, intentionally enduring fret, told to let them sit.

- Fire in Lytton BC was cause by railway company, fire crew ask to stay at home, told to let it burn

-No news media covering the supply chain intentional disruption.

Laura-Lynn Tyler Thompson
Supply Chain Suicide
Today we will talk to a local port worker who is noticing the lack of incoming and outgoing shipping. Also, we will talk about the Lytton wildfire and the destruction of rail line in relation to the supply chain. In our second interview we speak with Randall Burgess who details how he was fired for not getting the vaccine.

 
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