Suez Canal Toll Fee : How Much Do Ships Pay for Transit | Chief MAKOi Seaman Vlog S03E12
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- Опубліковано 3 жов 2024
- In this video, I'll show you how to get the estimated cost that ships have to pay to transit the Suez Canal.
#SuezCanal
Chief MAKOi
Seaman Vlog
The reporters are bots, the Evergiven? I read
E V E R G R E E N. the reporters either cannot read, or they just dont care. How ignorant!
Evergreen is the company name. EVER GIVEN is the ship's name. 😄
Thanks for clearing that fact up. 😮 being from the US, dont trust MSM these days to get facts straight!
@@ChiefMAKOi 😆 LOL ABC News out of London, the reporter called the container ship 🚢 A TANKER!!!
Maybe his mama took his toy boat 🚢 away from him in the bathtub.
The name of the shipping company is Evergreen.
The ships are called Evergiven evergolden etc
@@magicalgibus3006 BIG DIFFERENCE between a TANKER and a CONTAINER SHIP 🚢
Incredibly informative. You provide a window into a part of the world that the vast majority of us would never otherwise see.
agreed!
It's funny how $100k sounds like a good deal after being shocked by the $200k+ initial price.🤣
Yeah, kinda changes your perspective on "a lot of money", huh? :)
It was $200,000, but for you, I'll do $199,999
Honestly if 1 ship of a shipping company passes through it even once a week saving nearly a 100k per voyage on the canal, the company saves nearly 5.3 to 5.4 million USD per year.
And thats only a 40,000 tonner, my friend goes though in a 107,000 tonner with oil, 5 pilots , i think it costs close to 250,000 euros , dangerous cargo
on top of 1 Corona Virus Pandemic , 2 Global Economic recession , 3 War on terrorism , this is 4 Suez Canal is blocked crisis ..so now its 4 major world wide disasters going on right now.
Toll calculation for a kayak comes out to $6981.24 in case you ever want to row the Suez Canal
I now wonder if you could get assistance from a tug for a kayak.
@@danteblankenship6213 for 6 grand they better!
you can just make sure you use your back to get it off the water.. rent a car... drive to the mediterannean sea.. and that's it :))) or.. even better.. give it away.. get a ticket to cairo and buy another one there! :))))
Kinda fun video idea.
I am curious if the Suez has a minimum speed. I know the panama canal requires boats to be capable of a minimum speed, mainly for safety so the little boats do not get crushed or cause traffic to get behind schedule.
I just discovered you a few days ago and I'm ADDICTED to your videos right now. Keep up the great work! Love seeing your perspective on life at Sea
same here lol
me too
I'm in the same boat lol.
i am not in shipping business nor a seaman but this man is so interesting to watch and explains things very clearly. sub.
My thoughts exactly.
Welcome aboard fly. You're gonna like it here.
Credit to Philippines education system. Thank you for all the nurses and shipping crew
We know who's sucking who.
seaman :D :D :D
The Evergiven is costing ships millions a day, but at least on the upside, this guy is getting some ad revenue 😂
All those idled ships aren't burning fuel, their biggest expense.
@@rickpaulos don't they get charged by the canal authorities?
@@vigilante9259 I think they only get charged once they go through the canal
By Og you are so right - I just cannot resist hiring a tanker or contaier ship for a month or so and running thru the SC a v=few trips.
I'm picturing standing on the bridge wing, throwing a lot of quarters in the basket at the canal toll booth. 🤦♂️
"Someone needs to go back and get a shitload of dimes!"
😂😂😂😂
🚢🎫💰💰💰😁
@@Hybris51129 , one of the greatest movies of all time!
@@Hybris51129 I have done a quick calculation and in this case a shitload is about 2.85 Metric tonnes of quarters.
So this is recommended to me the day a ship got stuck in suez, nice!
Me too
seems to me its been recommended within a few days. normally it takes 8 or 9 years
No shit, this guy makes regular videos on the Suez Canal, so when the canal is in the news his videos are also promoted plus you probably watched a bunch of news videos about it.
To me as well
Miserable Indian crew on board Ever Given says it all 😂😂😂👎🏼👎🏼
So now we know why the Evergiven captain wanted to make a U turn after they told him the prices
thank for the LOL
Lmao
right this Guy was trying a u turn
It’s her. ...not him
LOL of the decade😁
This is something I have never ever wondered about but strangely I feel so much smarter for having heard it. Thank you I think.
Don’t forget that at 12.1 days you can go from Istanbul to Mumbai, back to Istanbul, and then return to Mumbai in the time it takes you travel 37.4 days around Africa.
I understand I’m not accounting for loads and unloading but over a fiscal year, being able to cut your travel time by 2/3rds really adds up,especially if you run a company like Maersk.
Yep the savings on interest on the value of the cargo alone might pay for the toll.
Turnaround time when looked at on an annual basis is the final decider
Also massive amounts saved in maintenance by using the shorter trips.
Absolutely correct,,, I bet the costs will be in the millions if you choose to go the long way just from lost profit that you would make over multiple trips in 37 days... forget tolls, fuel, leases (ships and containers) and staff salary.... And I just thought of another one, the faster you can deliver, the more business you will get.
There's also alot of risks from pirates along the long route at the cape of good hope.
Not sure how this ended up in my feed, but I clicked nonetheless, and ended up learning some damn interesting factoids about how shipping and our supply chain works and how much it costs. Thank you!
So true. I subscribed even though I have no interest in shipping
Yes, exactly! Im always interested in this kind of thing. Never considered ANY of that stuff! So interesting!
He’s got a great channel, you learn lots
Not to mention that it allows the ship to unload and gain another charter 25 days sooner. Thanks for sharing with us again chief, I always enjoy your observations and insight.
perfect timing for this video
Nov 7 of last year?
@@RelativeWind perfect timing to watch it bud
@@thisisnyx time machine.ok
This channel is about to blow up. At least some good will come of the ship being stuck in the canal.
I thought by this channel blowing up that you meant the Suez Canal being blown up and becoming wider.
@@bluthgold533 🤣
If the Chief's channel blows up over this it'll be at least one good thing to come of it. It's a great channel and deserving of some reward.
@@carlmanvers5009 thats right, if the chief were a company, he is a 'buy'
Was stationed at Sharma el sheikh in Sinai in early 80s. Loved to see all the ships pass by at night under the stars in the desert. One of my fondest of memories.
Nah, there's no way. I've been to Sharm el sheikh and you can't see ships from there
@@asurvivor6150 If you are facing out over the Red Sea from the gate coming into the U.N. base at Sharm el Sheikh you can see for miles. Anything that passes through the Suez Canal can be seen passing to your right. Just to let you know I been there. I drove a fuel truck from the base there to Eilat twice a week in early 80s.
@@markberryhill2715 ok I’ll take your word for it, but I’ve been there twice and never saw any container ships; Only small yachts. I was probably more to the east so it wasn’t possible to see the ships
And you avoid the westcost of africa with some sailors showing the Jolly Roger.
🏴☠️🏴☠️🏴☠️
Copy that shipmates...the Gulf of Guinea transit is also an experience all to its own. Have the fire hoses, electronic noisemakers and anti-boarding barriers at the ready. Carry on!
The first video I saw on this channel was the one about pirates. hehehe
@@chuckboyle8456 Now we need a gulf of guinea vlog
This guy is so clear an concise I could listen to him on any subject.
He Is clear because he is talking clear numbers....in math's there is no approximation ! Basically you have to circumvent the entire African continent, to go from Europe to Asia or Vice versa....the Distance and time Trebles !
@mark Filipino. He is a great guy.
@mark If he was Mexican he would be talking about how much it would cost to cross the U.S. border. “If you cross from the Laredo entrance it was cost this much in fuel, but if you go around the desert and cross from Tijuana it will cost you this much. All depends on how much tacos are in your truck “.
@mark no mate, he's welsh,,,,,
Dam good stuff Chief, as a Navy Vet I passed through a few times, wish the Discovery Channel or one of the Network come get you, thanks for you inspired insight to seafarers life!
that is a good idea indeed James!
I don't even know where I would use this info, but it was fascinating and I was riveted till the very end!
I think what’s going un-noticed and deserves more respect than all his knowledge of shipping is that it appears he’s wearing a jersey heavy wool (itchy scratchy) jumper without a shirt on! What a trooper
Thank you for this great summary about the Suez Canal. It's something nobody has ever made public
There is a heavily discounted rate of $0 going on right now.
The catch is, you don't get to go through it at all.
As an added bonus, if you've ever wanted to work for Evergreen, there's never been an easier time to jump ship.
Chief, your videos are always so well thought out and researched so well. I always enjoy them. As a pipe welder and fitter in a he USA, I enjoy going into the different plants to see how things are made. I also drove trucks for a number of years so I know that aspect of goods transportation and it’s always so nice to see other places that are involved in getting goods from one place to another. Prayers for you and the crew for safe voyages until you are able to go home again
Good to sail with you again Chief. Love the practical details and real life glimpse.
Who came here after watched ever given stuck in Suez Canal
It’s recommended.
algorithm doing its job
Here! After watching EverGiven unstuck today!
who else here realizes that UA-cam recommends this video to everybody BECAUSE of that incident?
Also, who else here doesn't care what videos strangers watch?
Thanks for that Chief. I've quite often wondered about this but never really went to the trouble to sort it out. Thanks to you I don't have to now. Lazy sod I'm afraid.
Yeah definitely it's time and money saving way to go through Suez canal . Awesome video and thanks for sharing this detail with us ! May God be with you and keep you and your crew safe !
Thank you, Chief! Very informative video once again. I'm sure a lot of people have never considered all of the factors of shipping costs, such as fuel, ship charter, tolls/charges for canal and/or port usage. It all adds up and eventually affects the prices of everything in every day life, and has done so since mariners first put to sea. I look forward to your next video and learning even more. Calm seas, Sir!!
dont forget the additional costs for mercenaries if you pass through somalian waters
This explains why the ships waiting to get into Los Angeles would rather wait than go around South America. You can sit at anchor for a good bit for that kind of money. Good job. Really like this guy and his videos!
You my friend are a bloody lifesaver, I have a very big game theory presentation due today, and my topic was about Egypt's most optimal options to make sure that no more ships ever get stuck in the canal ever again and I wasted 8 hours of my time to find how much it costs and all the stuff you explained in this video, please keep up the good work and you have gotten a new subscriber.
The best channel to know lot about life at sea. Thanks man.
That was a real insight into ship costs. Great to see it in hard numbers.👍🏴🇳🇱😁
Port Said was my dad's regular route. Thank you for the Vlog. This brings back memories of my dad and his stories from his time at sea.
I'm here because of the Ever Given got stuck!!
Evergreen
The salvage guy called it Evergreen in the beginning, the map shows Evergreen but then later in the video he called it the Ever given & the map then called it ever given. Go Figure!!
Never given
@@randymartosoewito7892 haha now they're going to change the ship's name to everstuck 😅😅
why do silly people say/report Ever Given when EVERGREEN is clearly visible on the ship's side
That was a good representation of the costs of travel. The same can be said of the Panama Canal, it costs approximately $110,000 for a cruise ship to transit the "old" Panama Canal, I don't have figures for the new locks. Good Job Chief Makoi.
If ever the Suez canal runs at a loss, this would be the highest level of incompetence from the operators.
no just a great case of poorly managed corruption
Mind you the running costs would be substantial! (Constant dredging for a start...)
@@trooperdgb9722 Exactly. There is a lot of operating costs operating a canal.
@@KB4QAA
Yeah, but they could literally double their fee and it would still be a good deal for most ships.
Should let Donald Trump run it for a year
So going via Suez both ways from Mumbai to Istanbul and back again will take 24 days. Going around Africa will take 37 days in one way.
It's incredible how much time Suez canal saves. Money is only one factor, time is another one.
Chief MAKOi, you’ve made this video 4 months ago, and its even more relevant today. 👍 👨🏻🔧⚓️
Thanks, Chief! I found the toll estimator I'd guess Canal tolls provides a LARGE portion of the Egyptian annual budget... I'm going to chase down the Panama Canal tolls next! Thank you for all your hard work in these videos, especially an the end of a long day. You've got a big responsibility. If you can save 2 tons of fuel a day, you've saved the operators a Lot of money over the voyage!
not only is it big $ savings, but as always in shipping time is the essence, receivers of cargo want it yesterday
Hey, another niche for Amazon Prime!
In supply chain management there is a hard per-day cost associated with inventory. Because the company has to invested working cash in the inventory that money cannot be used for anything until the product is sold and paid for, so generally that lost cost is the annual return rate of the next best investment. It is why lightweight high value product like top model phones generally go as air cargo. (setting aside the first batch of a new release, which is time sensitive for marketing reasons)
To be even more clear the time includes time on the shelf, which brings us to what can often be more important, at least for medium tier products. That is the reliability of shipping times. If total order to restock time varies by +-6 days then the stores all need to keep enough inventory to cover both the time between normal weekly deliveries and an extra 6 days, and have room to store a week plus 12 days in the event delivery is 6 days early. Which can become a lot of space for product as well as excess inventory.
In other cases that may be a replacement part and the company has some broken machine stopping up a whole factory that normally puts out $20,000 per hour in product and employees wages.
Awesome job Chief !!!
Thanks for posting this information from your truly knowledgeable perspective!
Fair Winds and Following Seas to you and your crew !
Also consider this: passing through Suez, the ship might get another (paid!) voyage after say, 15 days, instead of say, 40 days.
Hello Sir..
This is Gregory a IT engineer who wanted to be a Marin.. I really like you videos... I learning more about Marin life.
Marine*
Big shipping companies like maersk must get a big discount on the fee since they transit with ships every day
I believe they do.
And don't pay Marlboro as well!
@@ChiefMAKOi Who pays for the return trip? Or do they just wait around in port for another job?
I worked as accts payable. You need to pay in advance otherwise the ship wont pass. Around 20 100k ton container ships per week - any idea how much it costs? 😂.
Discounts come after a while, imagine the pain in reconciling the payments. 🤢
@@markman613 ship will never be empty. It’s at sea it has cargo it makes money.
This was irrelevant to me a couple days ago but its great to know the costs thank you and good luck Makoi
So the end result is the Suez canal saves everybody money, and that savings is passed on to us as consumers
Not necessarily, YOU probably bought a product for less cost than if it had used a different transit means, Do try to not be so quick with the lip: a tragic & ubiquitous problem these days.
Holy moley! That is a real shocker, I had no idea what the cost offset would be, Suez vs. around the horn of Africa....just a little pricey...I knew the cost of marine freight was pretty steep..but had no idea HOW steep it is. Thanks Chief, that is a real eye opener...great job on a super interesting and informative video..All the best to you and yours..Also, in advance, MERRY CHRISTMAS!!!! Stay well, be safe!
wassup chief! did you get a new camera?, the video looks amazing!
3/27/21, Everclear is stuck in Suez canal so yur video on time & $ saving via Suez was super informative. Love yur channel & yur photography, & yur calm conversational delivery of soo many details is very interesting to watch. Thank you for telling all of us (non marine) viewers what you & crew members are experiencing. Hope you stay safe & get home to yur family as soon as possible.👨🔧🍷
Anyone else get recommended this after the Evergiven ship blocked the canal? 😂😂😂
The ship that blocked Suez is not named "Ever Green" but "Ever Given"...
Everyone. UA-cam recommends this video to everyone because of that incident.
This information is fascinating, shocking, but leaves me wanting more. TY for putting this together for us.
Imagine the level of corruption going on with that amount of money being exchanged.
The wealthy live in a different world.
Its actually required that you bribe the Egyptian pilots with 4-5 cartons of American cigarettes. If you don't they will literally never bring your ship through. Also the reason pirates go for cargo ships so often is because they have to carry 2-3 million dollars on board at all times for bribe and gas money.
@@Blind_Bandito I can confirm the cigarrette bribes to the pilot.
Well a ship *container ship* with 12000TEU costs 105 Millions, so it's just normal for that much of money invested during transit.
Nicely done Chief. A clear, concise explanation for the layman.
Glad you enjoyed it!
I’m sitting in my hunting shack watching this it’s opening day of gun season here in Mi windy raining
bon voyage and have a safe trip another great video thank you chief
How much is the fee if i get stuck diagonally while blocking the entire canal traffic? Asking for a friend
Billions
🤣😂
..and a nice little increase to your premiums, Sir!
£27.50 per day
A shit tons of money
Thank you. Great video. I came here to find the average cost after hearing about the Evergreen blocking the canal.
Using the Suez toll calculator on the Ever Given: add $1 million per day for staying in the canal, blocking other ships...
What about other ships it’s a domino effect do each get charged for blocking the one behind it ?
Excellent explanation of ship costs, and Suez Canal costs.
by far the best video on youtube when it come to suez canal costs , thank you
This is good! This is very interesting stuff! Thanks, Chief MAKOi !! Great stuff!
Algorithm shows me this video after the Suez Canal gets blocked by one of the world largest container ships for the past 3 days. The cost of blocking that canal is almost half a billion dollars per hour in traffic jams.
Love you're videos. Keep doing what you do!!
Well done , Egyptian passed from here , viva Egypt 🇪🇬❤️
Great Video Chief, best Seafaring Channel on You Tube in my Opinion.
"Earth provides enough to satisfy every man's needs, but not every man's greed." - Mahatma Gandhi
that is so true, imagine the world without greedy people
@@moonjimunji7916 Never mind greed, there are evils in people that you should be worried about.
I liked the little laugh after you said such a ridiculously high number!
Hi Chief! Keep safe always. God Bless
putrid mythology
Intresting to see the cost breakdowns for sea shipping. It also shows why its the economical approach to moveing bulk goods that dont need to be moved fast. Yes it may cost you a million bucks to transport your widgets from port A to port B but when that ship is moveing 100 million widgets a trip your only adding a single cent to the cost of the widget.
pa notice chief! for more motivation to pursue my goal to be a seafarer 🙏🏽💯
how could you NOT like this guy!
Hi chief, don't forget the cigarettes for the pilots, et all. {""""""}
Marlboro canal 🤑
Love to see your videos and learn interesting facts about shipping industry ,hope every person on ship be understing and humble like you ,as you know people working on the ship come from different background,he works hard to feed the family ,but I don't understand why some of the officer's try to pull them down ,and challenges that the person does not climb to success even though he has potential to work hard .Thank you ,you're a wonderful person God bless you 🙏
Thanks for watching!
@@ChiefMAKOi Thank you so much Sir ,for taking time to reply to my comments.
At this time, it looks tike one huge ship will be charged monthly rent..if they can't move it soon.
I enjoy your videos! I served at sea many years ago. I just subscribed!! Keep up the good work!!
Egypt got themselfs a nice little money maker.
Exactly
They stole it from the French and British.
Aha that's why people are poor af in Egypt. Someone else is running and getting the money from suez, or the corruption there is at its finest.
@@CoherentChimp Can't steal what's on your land.
@@jimmywrangles Try telling that to the Egyptians.
Sir. I've discovered with interest your chanel and will look forward to following your content. It's very well done and and immensely enjoyable.
I have in the past been on ships and note that there is another element to this story not covered. Your job is extremely stressful on occasions and big respect to you for what you do. It would be interesting to know how and when the negotiating skills of a Captain on behalf of his employers is learned when it comes to dealing with 'extra costs'. Thanks for your post. I'm instantly a fan.
Wow, never realized the actual costs involved in moving cargo with these big ships. I knew they used lots of fuel, but didn't realize it was that much.
Cool video, thanks! :)
Thanks Chief for the detailed explanation!
Any time!
Thanks chief... as an over-the-hill third engineer relegated to domestic waters, it’s nice to see the world out there goes on. Perhaps I’ll renew my STCW and travel after I retire from this gig.
Hi chip makoi my papa is c/e also like you im proud of him beacuse mapakahirap pala ng work ninyo,God bless po
Very interesting info, Chief. Many thanks for this clear explanation! I believe the Ever Green carries about 20,000 containers and the approximate cost of shipping a 20 foot container is approximately $1,000 USD. If these figures are correct (I'm not an expert in this field), but wouldn't a transit generate about $20M USD? Against costs of $326K USD plus other expenses like insurance etc, it still looks like a rather profitable adventure. What are your thoughts on these figures, Chief Makoi? Thank you and much respect to you sir.
Thank you so much for the information, you made it easy to understand.
Thank you. What an informative video. I'm "retired", in my 70s a tutor math and science at a community college. The calculations in this video would make a great assignment for a spreadsheet. Students could see how a spreadsheet can be applied to a real world problem. A lot of possibilities.
This is the right time to see this video
What if Austin Powers was at the helm ?
Nevermind
Nice, clear, concise, informative and interesting video... thank you.
I've been retired from Merchant Marine life for 10 years but in the 7 or 8 times I went through the canal on merchant ships, the cost always included at least 15 cartons of US cigarettes in addition to the transit fee. Cigarettes are part of doing business in many parts of the world.
Thank you for making this video. Hope ypu have a nice day
😱 wow who knew. Thanks for posting
Very correct and accurate information.thanks. may evergreen rescue as early as possible.
How about the Panama Canal? I would love to know about it as well
He did a vid 3 years ago u mite wana check it out
Nice to see you use a Rode microphone,genuine Aussie built product ✅👍🤘
We need a Suez canal part 2.
A spare canal.
Use in emergencies only.
Americans are probably “on it.”
Kid now a day. Really!
Wow! I had no idea. Thank you for this info. I kinda want to buy a ship and do charters now, hahaha.
In other words, the companies can't write that $100k check fast enough... and smile while they do it.
Holy shit this is really interesting. Thank you for the uploads! My whole family is seafaring except me. I'm in aviation lmao.
Glad to hear your next journey and alleviates me being a mother of seafarer like you. Keep it up!