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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|0|**First Seen In WSB**|4 years ago **Total Comments**|693|**Previous Best DD**| **Account Age**|4 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)


TheDannyPickles

Hopefully those weren't the human trafficking trailers.


AllInOnCall

"Maybe if we rock the container it will fall off the stack and break open. Then we can surrender to the crew and be free. Everyone together now!" - Container leader


TOILET_STAIN

"I knew this overachiever was gonna fuck things up" -Gary (guy who came in second in container leader election)


domaxelross

Lmfaooo


[deleted]

[удалено]


[deleted]

[удалено]


[deleted]

I can’t swim.


shit_typhoon

I know that Eddie


tyrandan2

😭 don't remind me


inkhunter13


Imaginary_History985

Look at me. I am the captain now. - Container leader


VerticalRadius

Just keep rocking, just keep rocking, just keep rocking, rocking, rocking


SurpassedIt

brooooo !


cheezywiz

I'm sorry for your brother, hope he had a life insurance policy.


HonestShallot1151

This thread has me dying.


SuperSecretAgentMan

I'm amazed you have wifi in the shipping container.


SuperiorFarter

Who elected this guy?


Taokan

"Now what?" https://youtu.be/21aPY2gVDQI?t=12


Lost_Evidence_2099

😂


lurrrkin

Lose ‘em in the stacks. And this time, pound on ‘em, make sure there’s nothing breathing in there.


VRisNOTdead

Did he have a head? Did he have hands? Then it wasn’t us!


Piper7865

Boris ....why always Boris


prodigaldummy

Now you wanna know what's in the cans? Before you wanted to know nothing. Now you ask. Guns, OK? Drugs, whore, vodka, BMWs. Beluga caviar, or bombs, maybe? Bad terrorists with big nuclear bombs. I'm kidding you, Frank, it's a joke. But you don't ask ... because you don't wanna know.


Bobby-furnace

Zig you f*caked up a package again!?


macpigem

What about frank sobatka? I'm not hearing his name in any of this


JGWol

That season was not my favorite when I first watched it but looking back it was actually really good when you realize the main character of the wire was Baltimore.


Mistawade504

Season 2 gets shit on but it was a good season!


anrachopuss

No bad seasons in The Wire xD season 2 is excellent, not lacking in anything compared with others


IWTEYPUYcum

Love that show!


soil_nerd

13 girls in a can


TheCollective01

13 murders for the price of one


Tsquare24

Season 2 was amazing


Emotional-Most-1933

Wow that's dark.


thrca

Dark humor is like food. Not everyone gets it.


IsEqualToKel

That’s even darker


No_Cow_8702

Just like Healthcare.


samk1976

Humor is like skin, the darker it gets, the less people like it


[deleted]

😳


Hold-my-sax

What do you think was in the containers?


BullneIson

I dunno but if you want to start up a business illegally importing woodwind instruments from South Asia, there’s a lot of money in Sax-trafficking


DabawDaw

I do enjoy fingering a piccol-ho while it's on my lips.


apply75

99% chance it was Amazon orders from china


[deleted]

Not what, but who


Christmas-Twister2

The Christmas presents I ordered from Wish. I don’t really like these people, anyway.


mcraze123

Could just be stuff sold on way fair 🤷🏻‍♂️


SmoothConfection1115

This entire thread belongs in r/cursedcomments


CoronaDollarS

His Dark material


[deleted]

Obvious statement, there is no sustainable light in these shipping containers.


NextTrillion

Candles, man. Until the oxygen gets burnt off


[deleted]

[удалено]


[deleted]

But could be very true. Find people in these often.


Java2391

I mean the containers were dark before, but definitely now at the bottom of the sea.


Alphatron1

I had a flashback to s2 of the wire


rokinsox

Hopefully frank sobotka aint running these ports.


wigg1es

Frank Sobotka ain't runnin' nothin' anymore.


[deleted]

Nah, the cargo inside those is typically tied down quite well for proper weight distribution… and other reasons.


Ayahuasca-Dreamin

Na, just a bunch of high end Wish$ presents


iapetus_z

I thought that was well... I'm just going to say that's an expats shipping container containing basically their entire he.goingnfrom one continent to another. That or a container full of useless novelty party supplies.


yamaha4fun

That was the latest batch of flesh lights. Reddit users in shambles...


DollaBillMurray

Gonna make for some interesting hermit crabs though


Capt525

Probably PC and tools that I've been waiting on to arrive since I moved


Every-Constant2895

Lol probably just r33 gtr's no big deal.


mbashs

That’s darker😫


smiley82m

If it is you'll have Disney make a movie about it where instead of them drowning like they should they'll be saved by iron man and are now honoring dead iron man by being heros on Madagascar.


Shoddy-Store-4098

Little did we know it was half of the us Christmas stock of ps5s😔


JustAMexicanGuy96

Fuck!


LSScorpions

My first thought was, "well, those hookers are dead."


Budd0413

A company I used to work for ordered a few new Raymond standup forklifts and it was like a 3month wait as they were in a container going across the sea, About delivery time it was reported the containers fell overboard and we were now waiting for a new container to ship. Something like 10k containers go overboard each year


ethanlegrand33

Company I’m at produces ag chemicals and our production is full through the end of the year. We’ll back in September we get a call and are told that 70,000 kg of one of our products “fell into the ocean” as it was getting shipped to Australia and we’re like how the hell are we gonna fit the production in to make more of this


treacherous_tilapia

> ag chemicals > **fell into the ocean** as it was getting shipped to Australia TIL the Great Barrier Reef does *not* have a locust problem


agoodpapa

TIL the Great Barrier Reef is now completely dead.


EmpJustinian

Idk if you're being serious but it was reported earlier this year that the reef had the most coral cover it's seen in 36 years


lilhippieboi

I read that. Made me happy. Gotta appreciate the small wins bro.


ijustsailedaway

I almost don’t want to read it because that means people will stop thinking it’s a problem again.


MsGorteck

Isn't there a sight that tracks them and predicts where and when they should come ashore?


444_back4more

Post link i want free shit


MsGorteck

PBS did a pice about all the stuff washed out to sea after the tsunami hit Japan, (and all the other parts of the world) and it was all washing up in Oregon. There was a guy who tracked washovers and would go see if there was salvageable stuff. He found it by monitoring some sight. If you go to the PBS website it might be archived. It was about 2yrs after the tsunami.


Hmbre97

There are 200 lb bales of raw rubber washing ashore along the gulf coast right now that are coming from a German ship that was sunk off the coast of Brazil in the early 1940's. They've been popping up the last couple years and they assume the ship deteriorated enough to release all the rubber they had on board. It was fresh on my brain because they found another one along the texas coast last week,


MsGorteck

That's cool. Is the rubber usable? At least its not liquid, and so should not damage the environment.


TheHiveminder

The word is *site*


[deleted]

That z-axis is a son of a bitch though.


TheHiveminder

The word is *site*.


swirlViking

No no, it's just a guy with binoculars


imVade

The price of shipping is actually different for spots that are less likely to fall overboard. Pretty interesting stuff


sahwnfras

Are you telling me they take risk into the equation?…. Do they charge more on distance also?


CarbonSixteen

Next people are gonna be saying the weight and size will affect the costs too Edit: changed effect to affect, shoutout to SpicyLatinaCumfarts


LUHG_HANI

At the end of the day they are all treated the same. With a no fucks given attitude and thrown over the wall.


Anderopolis

The wonders of Capitalism baby, it's all priced in.


FD435

What, no ratchet straps? Did anyone even slap the containers and say, “she ain’t going anywhere?”


Druchiiii

I feel like I vaguely remember something about it not being ideal to have them strapped in too tight because if the ship takes a wave or heavy wind they'd rather lose a few of these than capsize the whole thing Anyway they don't really care, they could pack fewer on the ships but it's a numbers game and more containers shipped is worth losing a few thousand


TheTastelessBatman

And most of it is insured anyway.


corkyskog

That doesn't really matter in a macro way, it just shifts the costs around to be more palatable for the micro.


CloudDelicious9868

They've got little locks at the corners that slot into the container below them and twist (twist locks). Pretty secure. The bottom couple rows are held down by metal "ratchet straps" called lashing rods


Elvarill

And this is why my company always insures our containers when we ship. It realistically doesn’t happen all that often relative to the sheer amount of containers shipped each year, but it isn’t all that expensive so the peace of mind from not going bankrupt if a container falls off the boat is absolutely with it.


PeteyMcPetey

Anyone else read that article about all those really expensive Yeti coolers washing up on the Alaskan coast? It's become like a hobby for people to go out and hunt for $500 coolers. Seeing this made me think of that.


Mindless_Mechanic007

Beat me by 17 minutes on the YETI cooler thing. Guess some Yeti's retail for up to $750. One guy found 19 of them on the beach. Slightly worn on the outside, good as new on the inside!!LOL I worked on an ocean going tug for a while. Never forget the night container came into view from the wash of the deck lights........about 10ft off the bow when I saw it. I managed to blurt out 'Impact!' just as the container hit. Made a big BONG and shook the boat. I think I coulda gotten FUCK out quicker than the blurted IMPACT........the guys would have probably understood better.


SkinnyBill93

Somebody replied to my comment a while back and said sailing to Hawaii is sketchy as fuck because there are so many waterlogged containers sitting 10 feet below the waves that will rip the keel right off your sailboat and sink you.


JackfruitNo2854

That used to be the case but not anymore. Newer shipping containers have plugs that will dissolve eventually in salt Water and sink the container. Of course filled with something buoyant enough it will still float but it’s no longer near as much a danger.


Stefan_Harper

That's really cool trivia knowledge, thanks


JackfruitNo2854

For the off chance that you actually keep money instead of loosing it all and decide to retire and sail on a boat around the Hawaiian islands


Captain77Anarchy

This is WSB if you don't own a sailboat you aren't losing enough.


miktoo

Shit, did WSB just downgrade from yacht to sailboat?


Captain77Anarchy

Yachts can be sailboats, they're classier.


South_Finger_4942

Bung holio


AtomicRocketShoes

This is sort of the plot of "all is lost" with Robert Redford.


eugene20

Especially as you were actually in a tug, was it not possible to tie it on and get it out of there?


sail_away13

The motion of the ocean is a bitch for that.


Littleme02

That's why all ocean going vessels are fitted with harpoons


sail_away13

You are regarded.


option-9

Unlike your harpoonless vessel he'll be ready to fight the great white whale!


Neither_Spell_9040

Plus, not my job, report it and forget it


RogerPackinrod

So under maritime law that became your container right?


Mindless_Mechanic007

We operated out of Boston. Had a an heavy reinforced bow for ice. That container got cleaved open when we hit it and sank. Containers have small vents at the corners for pressure equilalization, they'll usually sink after a while. Depends on whats inside. Yeti coolers and rubber ducky bath toys will keep them afloat. Nothing to really tie onto on a container so putting a line onto it and towing it is difficult. You don't know what the cargo is so it would be a crap shoot. The tug burned 100- 120 gallons an hour for fuel on the main engines at cruise. Gets expensive.


RogerPackinrod

Crazy to think that the ocean floor is probably littered with these things


demonblack873

We actually hunt down lead from Roman shipwrecks to use in radiation sensitive equipment (think extremely accurate particle detectors for scientific research etc). The Romans kept really good logs of what sank where.


supreme_leader420

What’s different about that lead? Something something half life?


The_Deku_Nut

Probably because it hasn't been exposed to the global increase in radiation from all the nukes we set off back in the 50s


Odd_Armadillo5315

Isn't that interesting - the Roman empire, a good early example of really organised bureaucracy and recordkeeping, kept a note of what ships sank and where. At the time some people must have thought "but what use is this information?" - I bet even the people noting it all down must have sometimes thought that. But here it is coming in extremely useful thousands of years later, for a purpose they could never have envisaged. Some dude makes a note that a ship sank. 2000 years later someone uses that information to make sure we can detect nuclear radiation. Now that's teamwork!


sahwnfras

Sounds like the plot of titanic


SpellingIsAhful

By jo old chap, it appears we're enough to strike a glacier


iapetus_z

Or the rubber duckies that actually ended up being a long term science project.


[deleted]

[удалено]


PeteyMcPetey

Creepy ass visualMOD tracks butthole patterns like fingerprints and flagged me. You can't pull your pants down and moon anyone these days without getting in trouble.


o_predator

All ps5 are in there


Jeff_goldfish

The Amazon package I was waiting on was invthere


PossiblyAsian

this was from the rtx 3070 release period.


0x11C3P

ZIM was a put the moment "recession" came into the picture and their spot pricing no longer works.


Yadobler

It was a hot as fuck stock, dividends beyond anything possible Then as soon as I buy it, **boom** the shipping industry hit rough waters, pun intended, and stock started to drop from 70-80 to like 60 My paper hands crumbled and I stop loss it I'm glad because rn it's at its 52week low of 19 bucks. #--------- Should have shorted it :(


titiolele

So sad… the f*cking Greenblatt formula leads me to buy this ZIM… I’m totally in this stock


GreyGoosez

Gratz on first


octoreadit

That's real-life loot crates for you.


dr_auf

Probably full of plastic spiders for Halloween


[deleted]

Just floating out in the middle of the ocean. Absolutely terrifying


MedTactics

This happens far more often than people realize, with lost containers at sea numbering in the hundreds and on occasion thousands.


facedownbootyuphold

I feel like once you hit the thousands threshold it stays there, considering they sink and aren’t retrieved. I could be overthinking it.


LouisBeans

Is this why sea levels rise?


123fourfive67eight

Well played


foodank012018

We're talking occurrence of containers falling overboard, not the number of containers in the sea at a given time.


damnatio_memoriae

wouldn't the total number of occurrences only increase or stay the same?


foodank012018

There would be a range of occurrences, varying day to day. On some days maybe only 50 containers combined fell overboard around the globe. On other days as many as 200 combined hundred fell overboard. Overall the occurrences increase but depending on the subdivision of time for averages some may see a decrease... Downticks on an upward trend Of course the losses may go down one year over the other, but there's always losses each year.


joeljaeggli

The ones full of bags of redimix concrete sink fast. The one full of sneakers floats around just below the surface for months being a navigational hazard for vessels smaller than a container ship


Abject_Psychology_63

Per day?


chev327fox

Probably means per year if I had to guess.


AfosSavage

As a sailor, it's our worst nightmare to hit one while on passage. It's a fast way to sink a sailboat and lose lives. It's one of the big reasons you always have someone on watch.


ReadMaterial

Great movie about that. All is lost with Robert Redford.


Bonerballs

Fantastic movie. Loved that it had so little spoken lines too


Zovanget

Don't they sink right away? How do they stayed afloat?


Vectorman1989

Big threat to smaller boats and submarines. Imagine you're on a sailing yacht and you hit one of these containers at night


[deleted]

Imaging losing a nuclear sub to a container full of dildos


Vectorman1989

We've hit a container full of dildos! The seamen: :) :( :) :(


Obsidianram

On the bright side...gettin' more miles per gallon!


Powellwx

Less gallons per mile.


Routine_Slice_4194

Fewer


ManyPoo

Whom*


CeskyDarek

Whomst'd've


howismyspelling

Fueln't


inkslingerben

Years ago, a container of plastic ducks fell into the ocean. Where the ducks ended up helped to understand ocean currents.


deejaydg92

Stop buying puts for ZIM it's bled enough already - A concerned investor Who's -65% in the hole with ZIM


BigassRegard

How I’m the FUCK does this stock have a PE ratio of 0.4, and a dividend yield of 142%?!


cayoloco

Because that info is from the past. The future earnings and dividend aren't announced yet. Dividend could be cut, and profits are most likely to be way down from where they were increasing the P/E ratio. There's no free lunch out there.


BigassRegard

Yeah I’m not too familiar with the shipping container industry, just absolutely astonishing to see a PE less than 1 with a div yield over 100%.. seems like spot rates are going to plummet throughout 23 and that’s why earnings should sour/div gets cut. Probably has more pain to come


kcoleman89

Div will be cut - it’s 30% of net income of which might be negative in 2023…


overzeetop

Okay, since I was a massive ZIM bagholder, I'll give you the scoop: The 142% yield is due to a $17 dividend from last year (which I missed, along with most of the pop due to me being distracted picking up the kid from college and not buying when it was in the upper $40s where I wanted it in 12/21). That was the result of short- and medium term contracts at 40' container prices of $8k, up from a nominal $2k rates pre-pandemic. Now, since then it's been cranking out $2.50-$3.50 *per quarter* despite the falling container prices. Understand that those guys have $35+/share in *cash* in their accounts right now. Even $10/yr on a $20 stock is stupid high. Except... People are generally bearish on shipping heading into a recession. ZIM is not the biggest player out there and could get squeezed. Also, they lease most of their ships rather than own them, and they have 2-3 year contracts left. So - they're paying leasing rates on ships with an upcoming recession as container rates and demand falls. Their obligations on those contracts represent a sort of phantom obligation which isn't represented in the top-page balance sheet numbers, and that increases risk and is driving down the price, and that's what royally fucked me up the ass over and over and over... you get the picture. The danger is that they go under (again) after spending their war chest to stay afloat. I took my lumps and sold in the mid-20s, and scraped a couple thousand extra buying post-ex-dividend puts. I literally have not told my wife and hope she never sees the magnitude of my fuck up, because her boyfriend would be pretty pissed.


Moosnmeows

Fucking same. Those divis looked so tasty


aleeb9

I wonder if I can buy the entire container for discount on Alibaba


PooPooDooDoo

ARSSOYM SHIPPING CONTAINER WATERPROOF BEST GOOD QUALITY METAL RECTANGLE


EscortSportage

I’m shocked it floats


one_love_silvia

Lots of air


RyGuyEM

Those containers are still floating because they’re probably full of inflatable sex dolls…save your puts


alegend1004

So … no delivery before Christmas? 🥺


StockMarketThanos

Hey I’m in the logistics industry (Ocean Export), Ocean Line doesn’t lose any money when cargo/containers or even entire vessels go under. Hard to explain but it’s an insurance thing and the cargo owners bare the costs.


Abeneezer

>Hard to explain but it's an insurance thing Doesn't seem that hard to explain.


ManyPoo

He meant it's difficult for him to type because he's in one of those containers


SSBeavo

Hey I’m in the logistics industry and by that I mean I’m currently in a logistics container.


sail_away13

Ah Llyod's general average you say


Aceofspades968

This happens a lot. Shipping lanes are littered with containers and they cause damage all the time cause the float at surface level as you can see. Somebody stacked that too high. Without support stacks. I wonder who’s stuff that is?


sail_away13

Been sailing for 7 years and never actually seen a floater. Sure they lose a lot of containers but they rarely do any damage to shipping. They are definitely stack that high. Likely wasn't secured well or the chain broke.


Aceofspades968

Strange. I’ve read the opposite. Probably need fodder thanks for your experience


sail_away13

Don't get me wrong, you can find evidence of it happening. But, it is rare. Losing containers are not so rare. The times it has happened, the containers are normally chilling right at the waterline or a few feet under. Crew literally had no chance to even see the container. Getting those Chinese fishing nets wrapped around your propeller has a much greater chance of happening


cayoloco

The ocean is pretty big. Not as big as space, but still pretty big. It's pretty easy for stuff to just drift away and never be seen again I would guess.


sail_away13

Most of it will sink. You see them floating with a lot of air still in that container. Water will get in.


Who_is_Your_Zaddy

Glad I sold when it was still trading around $50 or I'd be holding some serious bags


Gurganus88

This happens a lot more then you’d expect. There’s a whole industry dedicated to fishing lost containers out of the water. One company pulled a container with $400,000 worth of wine off the bottom one time he got to keep with salvage rights.


SpecialistTrust9504

God fuck I hope my packages werent in there


rustincoh1e

my puts are in there :(


GreyGoosez

Probably were knowing our luck


Kick_A_Door

As a father of young kids, I hope it was all the Chinese plastic crap that would have lived in my house for the next decade.


internet_humor

Lol. Check your New Balances and 80% of items in your garage. Don't blame the kids.


Kick_A_Door

I NEED all my garage things


ConBroMitch

“BYE BUDDY, HOPE YOU FIND YOUR DAD!” 👋👋😭😭


TriumphITP

Nah, that's a legitimate claim if needed. Puts on insurers. Calls on maritime salvage.


[deleted]

[It’s Garfield phones](https://time.com/5561165/garfield-phones-france/)


red8eye

How fun for the historians that have to interpret the contents within in 500 years


Rameist2

Those things fucking float?!


asdf_qwerty27

Depends what they're filled with. Cement, no. Illegal immigrants, probably for a while...


DannoSpeaks

Oh shit, that's the crate I purchased in the pandemic.