Bummer, you ship a hundred tonnes of GMO corn into China, hoping to pull a fast one, and get caught (about a million tonnes was rejected last year.) The Chinese officials catch it and reject it. Say this is four TEUs. My question is, if the seller could not get China to take them, where do they go next? Who does get the rejected GMO corn?
Well, check this out, real time vessel tracking worldwide. You can drill down to the ship level. So you can even watch where a ship goes. We can assume the container is pulled of the ship that carried it in, is inspected, rejected, at which time the vessel of importation has sailed so it will be another vessel for exportation. So the trick is to find out upon what vessel the rejected GMO corn was laden.
This is probably do-able, country by country. Once one has this information, one might be able to monetize it with a website announcing where rejected cargoes go, and any other interesting trade intelligence. Specific intelligence is probably valuable in trade, and companies may very well pay a premium price for something too difficult and technical to do themselves.
I am not inclined to do this work, but it may be gainful employment for a reader.
Feel free to forward this by email to three of your friends.
Well, check this out, real time vessel tracking worldwide. You can drill down to the ship level. So you can even watch where a ship goes. We can assume the container is pulled of the ship that carried it in, is inspected, rejected, at which time the vessel of importation has sailed so it will be another vessel for exportation. So the trick is to find out upon what vessel the rejected GMO corn was laden.
This is probably do-able, country by country. Once one has this information, one might be able to monetize it with a website announcing where rejected cargoes go, and any other interesting trade intelligence. Specific intelligence is probably valuable in trade, and companies may very well pay a premium price for something too difficult and technical to do themselves.
I am not inclined to do this work, but it may be gainful employment for a reader.
Feel free to forward this by email to three of your friends.
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