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Apparently the price is set using all kinds of factors. Ship's size, weight, type of cargo, time of day, time of year. I think the record was like 4 million bucks for a Japanese ship that wanted to skip to the front of the line during covid. Kind of like paying a big transaction fee to get it done quickly 😀

38 sats \ 1 reply \ @Jon_Hodl 8h

Interesting. Seems like a good incentive model for ships who need to get where they’re headed in a hurry.

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Yes. The costs seem all over the map and they're tough to predict. The ship I am on estimated a price of close to half a million dollars. 188k is apparently a bargain.

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