Money Flows Again In Suez Canal Since Ship Floats


Posted March 29, 2021 by stilsonlewis

Canal Unblocked After Stuck Ship Costs Multi Billions in Trade

 
Money Flows Again In Suez Canal Since Ship Floats


The Ever Given incident in the Suez Canal is the perfect demonstration of why competence matters.  Unless one wants to create a novel about industrial sabotage, it is probably human error that has been holding up $400 million in trade per hour for the last 6 days.  Just how many zeros it would take to write that out boggles the imagination. When the margins for error are slight to almost nothing, the level of competence necessary becomes extreme.  The Ever Given is as long as the Empire State Building is high, which is 1,457 feet.  The Suez Canal is 673 feet wide. So the Ever Given did not have to swing far askew to block the entire canal.  It has been quite a feat to bring her back to rights and start her toward Great Bitter Lake, a salt water lake that was incorporated into the Canal, still under the control of tugboats.  The Great Bitter lake is large enough to completely remove the Ever Given from the shipping lane, and fully check out what went wrong and if the ship is safe to continue.  
Congratulations to those who pushed, pulled and dug her out!  In The Way To Happiness, L. Ron Hubbard states, "In the marketplace, in the sciences, the humanities and in the government, incompetence can threaten the lives and future of the few or the many."   This is one big giant example of how that can be so.  www.thewaytohappiness.co.  @waytohappinesstampa
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Issued By Martha stilson
Country United States
Categories Engineering , Industry , Shipping
Tags economics , ever given , great bitter l , are , suez canal , too many zeros
Last Updated March 29, 2021