Posted by Ian Parkin on 29/03/2021 18:27:22:
Has anyone any idea of the sort of charge to transit the Suez Canal? With 20,000 containers on it what sort of price for each? £5 makes it £100k. £50 makes it £1m
One news report said typical charge to use the canal is $300,000 per ship.
That would tie in with the the figures Michael Gilligan posted saying Egypt is losing $15 million a day in revenue. That would equal roughly 50 ships a day at about $300,000 each. Nice work if you can get it.
With 20,000 containers on board the Evergreen ship, that would work out about $15 per container.
Or less than 10 cents per mini lathe.
Edited By Hopper on 30/03/2021 06:41:40