It's only 70 ships. It's a serious fuck up, no doubt. America's biggest port. But it will barely register on the global economy. It does create shortages in America's just in time inventory - but America also has many other ports without backlogs moving cargo every day. There's at least 100,000 cargo ships out there docking all over the world. You could sink all 70 of these ships and scrap all of those containers ashore and it would still have almost no impact other than clean up the port. Financially, Lloyds of London would barely even notice the event. Some bankers might be unhappy, if they even give a shit. This is a tiny fraction of a percentage of the global shipping volume. How is it any different from a hurricane damaged port? We don't have to repair the port, just unclog it.