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Thread: Super Yacht “My Song” fell off the transport ship

  1. #71
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by Reynard38 View Post
    And speaking of interesting cradles i took this pic the other day of a Maxi 72 at the old marine terminal in Port Royal SC.

    Attachment 38375
    That looks like a pond yacht.

    Peace,
    Robert

  2. #72
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    Quote Originally Posted by Bobcat View Post
    The legal term is "unique chattel" and yes lawyers will be involved figuring out the value


    I defer to anyone's pro legal opinion, but Id think that the boat would be insured for an, " agreed value," that number set by negotiation between owner and insurers before launch.

    Kevin


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  3. #73
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by Reynard38 View Post
    Agree 100%. Why would somebody think it “wonderful” that this boat was destroyed. Petty Jealousy perhaps?


    I walked past the effing thing for weeks, believe me , jealousy was not on my mind. Revulsion ...yes.
    It's true, I hate megas the way some hate jetskis.
    Words..."wonderful", "hate","mirth"( i dunno what that even is).
    What exactly is the misfortune of this mega falling off a ship? Someone lose their fortune?
    bruce

  4. #74
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by Breakaway View Post
    I defer to anyone's pro legal opinion, but Id think that the boat would be insured for an, " agreed value," that number set by negotiation between owner and insurers before launch.

    Kevin


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    That's probably the case.

    I know that supercars are insured that way. There was a case of a Bugatti insured for a bunch of money that went into lake. Authorities charged the owner with insurance fraud, but i was never able to determine the outcome
    Elect a clown expect a circus

  5. #75
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    Default Re: Super Yacht “My Song” fell off the transport ship

    "What exactly is the misfortune of this mega falling off a ship?" - wizbang 13

    Oh, let's see ... besides the outright monetary loss, there is:

    1.) The hired crew loses their jobs for the summer season
    2.) The owner loses his planned summer vacation
    3.) The owner's family and friends lose the opportunity to go on vacation on the boat
    4.) The spectators who do like to see these yachts race lose a competitor from a field that isn't heavily populated
    5.) The marinas booked to host the vessel loses the income it would have generated
    6.) The vendors who were hired to supply the boat with goods and services for the season lose that business

    I could go on, but you don't care, I'm sure.
    Hope for the best, but plan for the worst.

  6. #76
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by mmd View Post
    "What exactly is the misfortune of this mega falling off a ship?" - wizbang 13

    Oh, let's see ... besides the outright monetary loss, there is:

    1.) The hired crew loses their jobs for the summer season
    2.) The owner loses his planned summer vacation
    3.) The owner's family and friends lose the opportunity to go on vacation on the boat
    4.) The spectators who do like to see these yachts race lose a competitor from a field that isn't heavily populated
    5.) The marinas booked to host the vessel loses the income it would have generated
    6.) The vendors who were hired to supply the boat with goods and services for the season lose that business

    I could go on, but you don't care, I'm sure.
    Only # 1 Michael.

  7. #77
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Only the crew loses, wizzer? When the boat was in Antigua and you walked by it every morning, you never saw anybody associated with the boat driving a locally-rented vehicle, or hiring a local taxi? The crew & support staff brought their own groceries from abroad, and did their own laundry? The boat and its support vessel(s) were followed about by the owner's personal fuel tanker so no diesel or gasoline was bought locally? The crew, guests, owner & family all stayed aboard, so no local hotel rooms were booked? Any repair work was done by foreign technicians who brought their own tools?

    It is quite apparent that you do not know how much money a boat like this puts into the local economies of the places that they visit.
    Hope for the best, but plan for the worst.

  8. #78
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    Default Re: Super Yacht “My Song” fell off the transport ship

    No Michael, I never saw anyone aboard. It was mostly stripped and shrink wrapped.Crew gone.

    These big support vessels, these"axes", they do NOT buy diesel or groceries locally, carrying that stuff is what they are FOR! You, of all people, know they have big freezers and fuel tanks. They do not use the local laundry, those are aboard the AXE. They have their own freakin cars! They ARE the space for crew to live.
    Yes, They import specialty workers for electronics. They bring their own tools.
    I saw a whole team of Italians replace a giant gooseneck for a million dollar boom a few years ago right next to Woodwind. No locals helped.
    Bars and clubs are supported by crews. But watch a group of un tatted ,drug tested young professionals on the beach on Sunday... they bring their own coolers, they do not go to the expensive beach bar.


    Falmouth and English Harbors would be better off with a hundred or so regular cruising boats, imo .But that is fantasy, the megas are here. The mega marinas are built, right on top of the best anchorages.( That is a big part of my animosity towards them).
    No doubt, they support the builders/designers, but not many locals where they visit.
    bruce
    Last edited by wizbang 13; 05-30-2019 at 01:12 PM.

  9. #79
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by amish rob View Post
    That looks like a pond yacht.

    Peace,
    Robert
    Now that you mention it, yes it does!
    Fight Entropy, build a wooden boat!

  10. #80
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    Default Re: Super Yacht “My Song” fell off the transport ship

    It’s time to make rich people uncomfortable again

    Rich people trying to have fun didn't look like much fun, either. They got soaked in their yachts, broke their necks on their polo ponies and wore themselves to a frazzle walking all over tarnation hitting little white balls with a stick for no reason.

    Even when relaxing they had to get dressed up according to strict social protocol. If you arrived at a yacht race wearing plus-fours and a tam o'shanter, Commodore Vanderbilt would dunk you.

    These days rich people are behaving just like the rest of us. Or just like the rest of us would if we were rich. The trouble is we can't afford to be rich slobs the way rich slobs can. (The wash-that-gray-away skivvies Zuckerberg sports are actually custom ordered from Brunello Cucinelli for upwards of $300.)

    The rich aren't satisfied with having all the money. They want all the fun, too. And that's not fair.
    No adversary is worse than bad advice.

  11. #81
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    Default Re: Super Yacht “My Song” fell off the transport ship

    She has $200K worth of lead in her keel.

  12. #82
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    Default Re: Super Yacht “My Song” fell off the transport ship

    I tried to paint a picture of a mega yacht coming to a port and not supporting the local economy in any way. The picture I came up with was quite fanciful. Anyone who has a boat, no matter the size has stuff breaking at times. Specialists might bring their own tools or parts in but they support the local airport they fly into in fees that come out of their ticket. More likely they have their tools and parts shipped in ahead of the flight. That supports the local version of UPS or Fedex. They support the local harbor master or marina in docking or mooring fees. Ever thought of not paying for docking over night? Would you want the repair person to spend the night on your boat? Probably not - hence hotels. The upshot is that in reality it is impossible to not support the local economy at least to some extent.
    Will

  13. #83
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    Quote Originally Posted by Bobcat View Post
    That's probably the case.

    I know that supercars are insured that way. There was a case of a Bugatti insured for a bunch of money that went into lake. Authorities charged the owner with insurance fraud, but i was never able to determine the outcome
    Did it have a boat trailer on the back?

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  14. #84
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by Phil Y View Post
    Swansong?
    Swan dive, Phil.
    http://fairmaid.blogspot.com.au/

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  15. #85
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    Default Re: Super Yacht “My Song” fell off the transport ship

    The owner says she is beyond repair. I think he’s right.
    IMAGINES VEL NON FUERINT

  16. #86
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    Default Re: Super Yacht “My Song” fell off the transport ship

    It will take a little while but he will be reimbursed by his Insurance company. Then the ins co will subrogate the claim in court naming all the other parties.

  17. #87
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    Default Re: Super Yacht “My Song” fell off the transport ship

    I wonder if the Bill of Lading was claused “Carried on deck at Owner’s Risk and Expense”.?
    IMAGINES VEL NON FUERINT

  18. #88
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Does any cargo go that way? I doubt it. However I would guess he had all risk coverage and as mentioned an agreed amount.

  19. #89
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by navydog View Post
    Does any cargo go that way? I doubt it. However I would guess he had all risk coverage and as mentioned an agreed amount.
    Containers don’t, of course. But plenty of other stuff does. Second hand cars, granite blocks, etc.
    IMAGINES VEL NON FUERINT

  20. #90
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    There are some great/awful youtubes of cats careering about on deck.

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  21. #91

    Default Re: Super Yacht “My Song” fell off the transport ship

    Dock a tall lady on a ships top. When the wind blows the cradle will rock. When the keel moves, the cradle will fall. Down will go My Song cradle and all.
    Boat Designer. Boatbuilder

  22. #92
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    Default Re: Super Yacht “My Song” fell off the transport ship

    BRAVO. *Slow Clap*
    There's the plan, then there's what actually happens.

    Ben Sebens, RN

    15' Welsford Navigator Inconceivable
    16' W. Simmons Mattinicus double ender ​Matty

  23. #93
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    Default Re: Super Yacht “My Song” fell off the transport ship

    Quote Originally Posted by Andrew Craig-Bennett View Post
    Containers don’t, of course. But plenty of other stuff does. Second hand cars, granite blocks, etc.
    I was referring to the "at your own risk part" most things that are worth shipping would be worth insuring.

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