Mr. Ex Con, just the kind of stuff that all too many meetings wasted Umpteen man-hours "discussing".
I once learned that after a merger (which one I cannot recall), there were "Umpteen" hours of meetings regarding whether that car once placed at the rear of a train for the crew would be called a Caboose or a Way Car. Who won? I know not.
But it sounds as if the Conrail/Susie Q dispute involved folding $$$$.
Meantime, back to Great Bitter Lake, where one particular vessel and its cargo await what I think is a likely civil seizure, here is a well written Times
Editorial on this whole sorry matter:
The Ever Given has shined a spotlight on many issues of global sea shipping, which still accounts for 70 percent of international trade. Container ships have been steadily growing in recent years, so that those of the size of Ever Given can’t fit into the Panama Canal and can only barely squeeze through the Straits of Malacca. Yet bigger and bigger ships will soon be afloat, all sailing under the curious international mishmash of the way oceangoing shipping operates — the Ever Given is owned by a Japanese company, operated by a Taiwan company, registered in Panama and managed by a German company. The Taiwanese company, Evergreen Marine, has 11 ships the size of Ever Given, all their names beginning with “Ever G.”
The six-day stoppage also demonstrated how easily maritime choke points can be sealed off, and at what cost. Choke points on sea routes have been a source of conflict through much of history, and the saga of the Ever Given demonstrates just how vulnerable they remain. China, which is hugely dependent on importing oil and iron to fuel its growth, has focused much of its foreign policy in recent years on keeping its trade avenues secure..
Related, some have over the past sixty five years, wondered if the s/s Andrea Doria
, a ship so beautiful that one cannot avoid referring to her in the feminine gender (even if named for a male), could have been saved when she foundered off Nantucket resulting from a collision with another vessel owing to the negligence of her Captain. I'm willing to place my bets (I was quite alive and a Fairfield Navy Cadet so I was following the events closely and have read several books since) that the ship could have been saved.
But what if she were? She could not call at any port in the developed world without the certainty of a civil seizure, so her economic value, if any, would have been far less than her insured. So, with the loss of human life quite small (no one lost from the foundering), best just to get the payoff and let her lay.
Such could easily be the m/v Ever Given's fate.