Why Ships Got So Insanely Big

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Published 2024-05-15
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All Comments (21)
  • @saltyBANDIT
    Lastly, let’s put shipping containers on the global economic leader board.
  • Did I miss the part where he explained why less globalization is good or did he just talk about shipping and supply chains the entire video?
  • Lowering the costs of transportation is important for cargo or people. Shortening supply chains is NOT anti-globalization.
  • @adodgygeeza
    You got close but no cigar on explaining the square cube law. A ships mass will scale pretty much in line with it's cargo capacity. The scaling advantages you get with a bigger ship are that proportionally the loads from waves become smaller and stuff like hull plates don't get proportionally bigger on large ships. Where the square cube law really kicks in is that most of the resistance to the ship going through the water comes from skin friction. Surface area under water is proportional to length squared, carrying capacity to length cubed. Also larger ships are in proportion to their size smoother. Ergo they use much less fuel. As an aside sailing ships didn't use particularly large crews often less than 20, this is why sailors didn't mind being pressed into navy service as they would have a crew of hundreds on a warship and a ship that could be operated by dozens so life was actually quite relaxed.
  • Crude oil is absolutely not fungible. For example, American refineries are set up for the type of oil from the middle east (and formerly northern Appalacia). They cannot handle oil from the Dakotas or Canada. All that has to get shipped to refineries in Mexico or SE Asia. So despite North America being net oil exporters, we are still nearly 100% dependent on imported oil.
  • @nobodyxx560
    14:08 I live there! My father lead the construction the shipping cranes in this clip.
  • @analogbunny
    I think I had an unrefined and vague intuition about this when I was just a small child. I remember my mum pointing to a spot and saying that's where the old washing machine factory was, near the cardboard box factory. The factories shut down and were moved overseas, and now all the jobs in the area were white collar/office jobs. Because all the jobs in the area were of a certain type, the local economy slumped for everyone but those who already worked in the offices, since most of the new office jobs were filled by people who moved to town for those jobs. Now there's some Mexican city where you can only be a labourer, and the local economy has nowhere for labourers to work - essentially wasting the labour pools of both places. If goods can be more cheaply made overseas if the factory or mill is right next to the mine or whatever, then by all means, that makes sense. Sometimes the lower cost of shipping offsets the high cost of labour, but in the case of the city where I grew up, all the local factories were shut down because it didn't want to be the kind of city that had dirty laborers in it regardless of the actual economics. I feel like that attitude is disappearing, and that the cost of shipping and labour aren't so far apart anymore. Obviously, my feelings are nothing compared to solid economic analysis though 👍
  • @darkjill2007
    That was a top teir ad transition. Linus would be proud.
  • @megaponful
    I am so early the Evergreen hasn't got stuck in the Suez canal yet.
  • @redstream1237
    Just make Gigantic highways in the middle of ocean and connect it to all countries so truck can be used instead of ships
  • @MK-rx2fj
    Can you make a video talking about the amplification of high-interest rates on developing economies
  • @user-ge5ce2rr6p
    Opinion on Georgism or the Land Value Tax which Milton Friedman supported?
  • Dude I watch a lot of sh*t on YouTube, and I’ve never said this before. I REALLY appreciate you. Keep up the good work. From Byron Bay.
  • @theromanorder
    Notes: bigger ships can carry alot more so cheaper in bulk, and are only limited but the initial finance of the constant or the size of the shipyard/docks, or by cannels or water straights. But if there is not this large demand then its more efficient to use smaller ships
  • I do think that Africa's position is such that it could reasonably export to various South American, Asian and European Countries among others if the infrastructure existed. The problem is that it currently does not, and it is unlikely to for some time.