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Rich
[ 04-06-2007: Message edited by: timb ]
Thanks!
[ 04-06-2007: Message edited by: Capitals36 ]
1. If someone actually believes she can be refurbished as a profitable passenger ship. (very doubtful)
2. Her scrap value is greater than the cost of raising her. (possible)
3. Greek authorities order the ship raised due to environmental concerns- leaking fuel/oil, etc.
4. The location of the wreck posses a threat to other ships. If she does not sink any lower will other vessels risk hitting her?
[ 04-06-2007: Message edited by: Fairsky ]
quote:Originally posted by Cruisincorey13:I know this may not be the place to post, but what was the Sea Diamond previously?Thanks![ 04-06-2007: Message edited by: Capitals36 ]
The Birka Princess I think.
Another interesting part of the news was the interview of a retired Captain who said that if the ship remained in shallow waters she would not have sank and could be repaired. The Greek authorities are questioning various people to find out who took the decision to take her back to deeper waters and why.
[ 04-07-2007: Message edited by: Panos ]
[ 04-08-2007: Message edited by: chrisrotlmacin ]
quote:Originally posted by chrisrotlmacin:First the fact that the ship was pooled back to deep whater is mistake no 1 . Greeks not have a good reputation when we talk about accidents at sea . In a company with existing problems the insurance taken after the sinking of the ship will be more profitable than run aground the ship and salvage it .[ 04-08-2007: Message edited by: chrisrotlmacin ]
Greeks not have a good reputation when we talk about accidents at sea . In a company with existing problems the insurance taken after the sinking of the ship will be more profitable than run aground the ship and salvage it .
I agree about the reputation of Greeks, I believe they are very good and capable "sailors" however they tend to take risks and sometimes they cannot feel the danger. At the initial steps of Louis, most of the crew members were Cypriot and the company operated for 20 years without any incidents at all.
Your comment about the insurance is invalid. Louis was very profitable during the last few years and the books looked healthy for 2007 as well. Any profitability problems will arise after the accident but did not exist before.
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