Posted on 06/04/2022 5:11:09 AM PDT by blam
Dozens of container ships are piling up outside Germany’s largest seaport by volume, known as the Port of Hamburg. It’s the third busiest port in Europe and the 15th largest globally and could be plunged into chaos next week as dockworkers may strike.
German newspaper Die Welt reports congestion at Hamburg is worsening, and container ships have to wait two weeks before entering the port.
“The waiting times are unsatisfactory,” a spokesman for shipping company Hapag-Lloyd said, referring to Hamburg.
Hamburger Hafen und Logistik AG (HHLA), a top European port and transport logistics company, said the reason for increasing congestion is a slowdown in the processing of containers, especially imports from the Far East not being transported fast enough by truck and train.
Besides congestion, Kiel Institute for Economic Research estimates that around 2% of the global container load is stuck at the port. There are also mounting concerns dockworkers could be ready to strike.
“There could be additional problems from next Tuesday. Many reckon that dockers could then go on strike in order to increase the pressure on the ongoing wage negotiations. The next round of negotiations is scheduled for June 10, but the peace obligation has already expired,” Die Welt said.
According to the Verdi services union, the strike could begin next Tuesday. The last time strikes hit Hamburg was in the late 1970s, a period when the world suffered from disastrous stagflation, similar to the economic climate today.
A shipowner told the German newspaper Hamburger Abendblatt: “If it comes to that, we’ll have a super meltdown in Hamburg.”
The timing of the proposed strike by dockworkers comes as consumer prices in Europe’s largest economy surged 8.7% YoY last month (the highest since the start of the monthly statistics in 1963).
The squeeze for households is far from over as consumers pay record prices for fuel and food and power bills. Inflation is only getting worse for households as the country could be on the verge of a recession.
All going according to plan, no doubt.
I wonder how many people across the world expected this to affect only the US and not come back to bite them as well?
All going according to plan, no doubt.
I wonder how many people across the world expected this to affect only the US and not come back to bite them as well?
Jeez… for an export-centric economy like Germany this is NICHT GUT.
Ja, nicht gut
It’s getting real isn’t is sis?
Some of us who prepped, might not be as ready as we thought either.
Praying that The Sovereign Lord protects and provides for His Own! 🙏🙏🙏
Amen.
I've had those thoughts recently.
For example, soon after WW II, my father was a newly-commissioned Kings Point graduate and third mate on a US flag cargo ship in Hamburg harbor. They were unloading relief supplies for a war-ravaged Germany during a bitterly cold winter.
Without any good reason, the German dock crew was unwilling to accept orders from an American unless they were given through the American officer in charge to their German chief. This slowed down unloading, was disrespectful, and violated the terms of port service custom and contract. The captain was furious about it and was soon ashore, sitting in the port master's office seeking redress.
Meanwhile, confronted with German obduracy, during his shift as deck officer, my father imposed as punishment an order that all Germans were barred from the saloon. This deprived them of coffee, sandwiches, access to the head, and warmth as a relief from the cold and wind. Instead of such ready conveniences and comforts from the Americans, they had to walk back to their German facilities ashore, through wind and cold.
After an hour or so, the Germans relented, with their chief telling my father that they would follow normal practice and accept orders from American crewmen -- if they were permitted to use the saloon as before. My father agreed.
The whole point of the thing was that the German chief was a former German Navy destroyer captain and the dock crew was mostly composed of his former Navy crewmen. Their initial refusal to follow routine practice was a protest of sorts about having lost the war -- idiotic, but very German.
.
Anyone heard what the status is of the Ports America sale to the Canadian front company for the ChiComs...?
We can only do so much in prepping.
We’ll be better off than many, but unless one is a hard core survivalist, I doubt anyone is as ready as they could be or need to be.
Putin’s slowdown....
It’s not a bad thing to 2nd guess.
I need to for sure.
True.
Being 90% ready is better than not at all, which is most of the population.
Interestingly, many out here in rural NH are beginning prepping. It’s amazing how many are starting gardens and buying fruit trees etc.
And for those who joke about coming out because now they know where the food is, rural NH is VERY rural, as in bobcats, bears, panthers, ticks, Lyme disease, and Constitutional carry.
Granite Staters LOVE their guns. Even the democrats. And we have stand your ground laws to protect homeowners and many have acreage and tractors.
Just saying……
Union leaders are terrorists.
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