I dont know, I just heard the figure on the radio and read a bit more in the Washington Post.
Hair Flick.
Suez Canal blocked
- Thread starter Monty Pigeon
- Start date
Hair Flick.
There’s probably a whole generation of posters on here never knew me as Hair Flick.
I never knew that, but, Flicky now makes (proper) sense.
Not in this case. The owner of Ever Given have called general average to try to get the owners of the cargo to contribute to paying the charges imposed by the canal operators.
Big Jeff
Winger
I was just making a little joke - I have no knowledge of this area
$900m Bill been given to the owners of the boat.
Canny high starting point , wonder what they settle on eventually.
Canny high starting point , wonder what they settle on eventually.
JohnSmithUK
Winger
$437m and a packet of pickled onion Monster Munch.
i think they’d settle today for that.
a1970man
Striker
Suez had impounded the ship until the 900 million is paid.
It'll be on "Cant Pay We'll take it away" next week when 2 shifty looking bailiffs turn up in Egypt with a wheel clamp and a clipboard.
Willincity
Midfield
Suez Canal Authority: Meme’d Digger Operator Will Get His Overtime Pay
The Suez Canal Authority is responding to online reports that the real star of the Ever Given’s salvage, the guy with the digger, has not been paid for his efforts.
We’ve seen this story in a few places now. But from what we can tell it was first reported by Business Insider that the 28-year-old operator of the little excavator that could worked 21-hour days to free the stuck ship and, as of April 8, he had still not been paid his overtime!
Surprisingly, the Insider article actually says the man, identified as Abdullah Abdel-Gawad, didn’t actually like the memes (ok, now I feel bad), but the publicity actually made him work extra-hard because of the added the pressure they brought to dig the ship free.
“The thing is, I was terrified that the ship might list too far to one side or the other,” he told Insider. “Because if it fell onto its side on me, then it’s goodbye me, and goodbye excavator.”
Now the Suez Canal Authority is addressing the rumours of non-payment to the operator directly in a Facebook post it published earlier today (translated):
Rumours: The Authority’s failure to pay the salary of the drill worker involved in floating the Panamanian container ship EVER GIVEN
Facts: Not true, we note that the drilling worker does not follow the Suez Canal Authority, but works for Newgaz, one of the external contractors from land excavators contracted by the authority during the Panamanian crises, and the company has earned all its entitlements From rental of equipment and employment benefits involved, and in contact with the head of the company, the worker has been assured that all his entitlements are obtained from work and additional satisfactory stimulus in recognition of the worker’s effort.
The Suez Canal Authority calls upon the citizens to investigate accuracy in what is being circulated about the Authority and not to pay attention to rumours and anonymous news, and the media appeals to obtain all information relevant to the Authority from its official sources.
So there you have it folks, all the shouting for how much this lot has/will cost and the poor Sand Dancer with his digger could be out of pocket
Also, this all comes as the Ever Given is now being held in the waterway as Suez Canal Authority pursues a $916 million compensation claim against the ship’s Japanese owner.
the evergiven shenanigans has certainly had quite a knock on effect.
this might not be interesting but there is a lithium mine down south, cornwall i think. it gets mined then gets shipped to china to be processed then back to the uk where it is used to make battery solution. when fully complete it then goes back around the world for final use. there is quite a lot of this on the evergiven en route to the uk from china. the shockwaves are being felt all over the world.
apologies for the dullness of the tale but i find it all quite fascinating. the only reason i can think of for the lithium to go to china and back again is down to a perhaps less stringent health and safety over there. a lot of the really nasty stuff is imported from either there or india.
this might not be interesting but there is a lithium mine down south, cornwall i think. it gets mined then gets shipped to china to be processed then back to the uk where it is used to make battery solution. when fully complete it then goes back around the world for final use. there is quite a lot of this on the evergiven en route to the uk from china. the shockwaves are being felt all over the world.
apologies for the dullness of the tale but i find it all quite fascinating. the only reason i can think of for the lithium to go to china and back again is down to a perhaps less stringent health and safety over there. a lot of the really nasty stuff is imported from either there or india.
Labour rates have a massive effect too. When you’re taking about hundreds of thousands of man hours per year, a labour rate which is less than half makes the £4K per container load economically viable.
monkeytassle
Striker
The compo I expect will be quickly resolved given the amount of containers on board that need to reach a destination
they control 90+% of the world's rare earth minerals so they have the places to deal with it. I was working on a project in Greenland,which also has vast resources but the environmentalists are doing a good job at stalling it, and their only options for processing were Hamburg or China
read something recently which mentioned the Wear Valley could well have lithium too
Darlo1973
Striker
Plus the economies of scale of the container shipping industry means that the cost per kg for shipping to/from China is effectively zero.
Leon Solent
Striker
Container shipping costs were as low as $2500 from China a while back but they've jumped to $4000-$5000 because of a world shortage of them. So you can get 400 flat TVs shipped for less than $10 each. Everyone wants containers but they're in the wrong place or waiting to be shipped back empty earning nothing.
We supply into China via container and the costs are minimal as they need the containers in order to export.
Willincity
Midfield
Just an update on this Ever Given:
Probably, as expected she is still detained in the Suez some 2 months after the incident.
A bit tough if you are awaiting any goods that is packed in one of the 20K boxes onboard, ................. they aren't coming anytime soon.,
CAIRO (Reuters) – An Egyptian court on Sunday rejected a complaint by the Japanese owner of a container ship that blocked traffic in the Suez Canal for six days in March against the vessel’s continued detention by canal authorities, a lawyer said.
The Ever Given, one of the world’s largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.
The complaint was attached to a case at the economic court in Ismailia in which the Suez Canal Authority (SCA) sought $916 million in compensation from the Ever Given’s owner Shoei Kisen.
Lawyers for Ever Given Shipowner Argue Suez Canal Was at Fault in Grounding
Also on Sunday, the head of the SCA suggested in a TV interview that the canal could accept the reduced sum of $550 million, slightly lower than the $600 million he had mentioned earlier this month for a potential out of court settlement.
SCA Chairman Osama Rabie said a $200 million deposit could be enough to secure the ship’s release, with the rest payable separately.
The Ismailia court on Sunday referred the case back to a court of first instance, which is due to consider it on May 29, said Ahmed Abu Ali, one of the lawyers representing the owner.
Any ruling made by the lower court could trigger appeals, said another lawyer, Ahmed Abu Shanab, indicating that legal wrangling could drag on.
In a statement following Sunday’s ruling the SCA said it bore no responsibility for the Ever Given’s grounding, reasserting that responsibility lay with the ship’s captain alone, and rebutting arguments made a day before by Shoei Kisen’s legal team.
It also broke down its $916 million claim, citing the costs of freeing the ship and a salvage bonus stipulated in maritime law, material and reputational damage, and the diversion of some shipping away from the canal.
One boat sank during the operation to free the ship, resulting in the death of a worker, the SCA said.
Probably, as expected she is still detained in the Suez some 2 months after the incident.
A bit tough if you are awaiting any goods that is packed in one of the 20K boxes onboard, ................. they aren't coming anytime soon.,
CAIRO (Reuters) – An Egyptian court on Sunday rejected a complaint by the Japanese owner of a container ship that blocked traffic in the Suez Canal for six days in March against the vessel’s continued detention by canal authorities, a lawyer said.
The Ever Given, one of the world’s largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.
The complaint was attached to a case at the economic court in Ismailia in which the Suez Canal Authority (SCA) sought $916 million in compensation from the Ever Given’s owner Shoei Kisen.
Lawyers for Ever Given Shipowner Argue Suez Canal Was at Fault in Grounding
Also on Sunday, the head of the SCA suggested in a TV interview that the canal could accept the reduced sum of $550 million, slightly lower than the $600 million he had mentioned earlier this month for a potential out of court settlement.
SCA Chairman Osama Rabie said a $200 million deposit could be enough to secure the ship’s release, with the rest payable separately.
The Ismailia court on Sunday referred the case back to a court of first instance, which is due to consider it on May 29, said Ahmed Abu Ali, one of the lawyers representing the owner.
Any ruling made by the lower court could trigger appeals, said another lawyer, Ahmed Abu Shanab, indicating that legal wrangling could drag on.
In a statement following Sunday’s ruling the SCA said it bore no responsibility for the Ever Given’s grounding, reasserting that responsibility lay with the ship’s captain alone, and rebutting arguments made a day before by Shoei Kisen’s legal team.
It also broke down its $916 million claim, citing the costs of freeing the ship and a salvage bonus stipulated in maritime law, material and reputational damage, and the diversion of some shipping away from the canal.
One boat sank during the operation to free the ship, resulting in the death of a worker, the SCA said.
