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To: monkeyshine

All very good points, but would the going rate of 25k-35k charter fee per day to sit at anchor for an indeterminate amount of time make it worth it to divert?


37 posted on 10/21/2021 1:32:04 PM PDT by thescourged1
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To: thescourged1

One would have to crunch the numbers. Others mentioned the fees to traverse the canal. Then you have to turn around and sail back - more time and fuel. I am not really sure there is a savings on the travel/wait time (there are no fuel costs to just sit at anchor) and I suppose many of the shippers are just hoping and praying they are making the right decision. But surely the door to door cost for a container - from Asia to the warehouse that ordered it - will be higher (taking out the cost of wait times). Whether there is savings enough in not waiting to offset, it’s a lot to crunch. But getting that container from Florida to Colorado - more delay, more cost.

Like I said, Oakland is only a few 100 miles away from LA/Long Beach but they are not diverting traffic there for some reason. Hard to imagine then that Florida is more attractive than Oakland.


48 posted on 10/21/2021 1:42:36 PM PDT by monkeyshine (live and let live is dead)
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