From: Bryan Genez (no email)
Date: Mon Jun 05 2006 - 17:26:55 EDT
On 6/5/06, rob patt <> wrote:
>
> The dangers of semi submerged containers has been of interest to me for
> awhile. The best sources of solid information have come from a friend who is
> in the shipping insurance business and a loadmaster who balances loads for
> deck placement on ships. Ships lose containers overboard in ruff seas. The
> ships are loaded to the maximum based on weather and what they think they
> can get by with. The trip has fixed cost; so more containers are better than
> less.
> The problem is that the cost of insurance is cheaper, than recovery of
> containers or the keeping them on the ship.
> Change the cost equation and the problem would solve itself.
I apologize to the list for beating a dead horse, but please note that a
very small percentage of containers that are lost remain on or near the
surface for any appreciable time. The vast majority will sink to the sea
bottom.
A brief story that may illustrate. Several years ago, the brokerage house I
was working for had a new Taswell yacht shipped from Taiwan. If you're
familiar, these yachts are among the most expensive built in that country.
My company paid extra to have the yacht stowed in the ship's hold. Two
other Taswells were aboard the same ship, but whoever ordered them did not
pay extra, and theirs were shipped on the very top of the container load.
Both were lost overboard. Both sank...or at least that's the presumption,
as they've never been found. Considering that each was worth pretty close
to a million dollars, I would think the insurers would insist on below decks
transport. Don't know if there's a message here or not....
-- Best, Bryan Genez "Capella" V40-158 New Bern, NC [Non-text portions of this message have been removed] ------------------------ Yahoo! Groups Sponsor --------------------~--> Protect your PC from spy ware with award winning anti spy technology. It's free. http://us.click.yahoo.com/97bhrC/LGxNAA/yQLSAA/A1TolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/world-cruising/ <*> To unsubscribe from this group, send an email to: <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
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