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Why Marines Need Insurance Too

Even if your boat is insured, you as an owneris submerged just below the water level, is a
have the responsibility of securing yourmyth that can be disproven with the laws of
property. In the event of an accident orphysics. Just how much cargo is lost at sea?
damage, boat owners of insured vessels haveEstimates vary between 2,000 to 10,000
every reason to remain calm, as your marinecontainers every year. Accidents due to human
insurance company will strive to deal witherror and natural disasters can happen
the case fairly. Here are tips of what to dounexpectedly. Everything that could go on a
after loss or damage. Inform your insurer asship could be lost, from cars to spare parts.
soon as possible. In case of theft or aSome, however, manage to float to shore,
malicious third party, inform the police.including rubber shoes and rubber ducks. The
Fill out and submit the claim formconsequences are not only economic; they are
immediately, attached with repair estimates.also environmental costs. Oil and dangerous
A Marine Surveyor may contact you to advisematerials are transported by sea, posing
on repairs and make a report. The Containerserious harm to marine life when spills
Owners Association calculates that a fullyoccur. Piracy is also a possibility and there
loaded 20-foot dry freight container willare fears that pirates and terrorists are
float because its volume displaces 83,000teaming up. In the next few posts, we will
pounds of water, more than its weight of 30take a closer look at container shipping. The
tonnes or 66,000 pounds. Mathematically, itWorld Cruising Club is circumnavigating the
would float with 18 inches sticking out ofglobe this very moment. They started from the
the water. However, if water enters andCaribbean in January and are presently in the
increases the weight to over 83,000 pounds,area of the Cook Islands in the Pacific.
the container will sink. Floating containersSailing around the world is the dream of many
were previously shot at or exploded to sinka sailor, and it is an great accomplishment
them and reduce their danger to ships becausein its own right, as the oceans of the world
this was less expensive than salvage costsare vast expanses that demand competent
for towing and recovery. This is now illegalcrews. World ARC has been running events such
because of the pollution risk it poses. Theas this for the past 20 years and have plenty
Container Owners Association provides someof experience in ocean sailing. There is
information collected from its members aboutweather and routing advice, and yacht
floating shipping containers. How long apositions are tracked and updated frequently.
container cast adrift or fallen overboardThere are required safety and communications
will float before sinking depends on theequipment, and potentially unsafe areas are
container and its cargo. It is possible foravoided. The fleet should reach Fiji in July,
containers to sink instantly or stay adriftMauritius in October and Cape Town in time
for years. However, even empty containers mayfor  Christmas.
not watertight and sink almost immediately.
Containers with large but low-density cargoJon Caldwell is a professional content
have a better chance of floating. COA membersmanager.
say that the "sub-floater" or container that



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