Why Marines Need Insurance Too

Even if your boat is insured, you as an owner havemembers say that the "sub-floater" or container that
the responsibility of securing your property. In theis submerged just below the water level, is a myth
event of an accident or damage, boat owners ofthat can be disproven with the laws of physics. Just
insured vessels have every reason to remain calm, ashow much cargo is lost at sea? Estimates vary
your marine insurance company will strive to dealbetween 2,000 to 10,000 containers every year.
with the case fairly. Here are tips of what to doAccidents due to human error and natural disasters
after loss or damage. Inform your insurer as soon ascan happen unexpectedly. Everything that could go
possible. In case of theft or a malicious third party,on a ship could be lost, from cars to spare parts.
inform the police. Fill out and submit the claim formSome, however, manage to float to shore, including
immediately, attached with repair estimates. A Marinerubber shoes and rubber ducks. The consequences
Surveyor may contact you to advise on repairs andare not only economic; they are also environmental
make a report. The Container Owners Associationcosts. Oil and dangerous materials are transported by
calculates that a fully loaded 20-foot dry freightsea, posing serious harm to marine life when spills
container will float because its volume displacesoccur. Piracy is also a possibility and there are fears
83,000 pounds of water, more than its weight of 30that pirates and terrorists are teaming up. In the next
tonnes or 66,000 pounds. Mathematically, it wouldfew posts, we will take a closer look at container
float with 18 inches sticking out of the water.shipping. The World Cruising Club is circumnavigating
However, if water enters and increases the weightthe globe this very moment. They started from the
to over 83,000 pounds, the container will sink. FloatingCaribbean in January and are presently in the area of
containers were previously shot at or exploded tothe Cook Islands in the Pacific. Sailing around the
sink them and reduce their danger to ships becauseworld is the dream of many a sailor, and it is an great
this was less expensive than salvage costs foraccomplishment in its own right, as the oceans of the
towing and recovery. This is now illegal because ofworld are vast expanses that demand competent
the pollution risk it poses. The Container Ownerscrews. World ARC has been running events such as
Association provides some information collected fromthis for the past 20 years and have plenty of
its members about floating shipping containers. Howexperience in ocean sailing. There is weather and
long a container cast adrift or fallen overboard willrouting advice, and yacht positions are tracked and
float before sinking depends on the container and itsupdated frequently. There are required safety and
cargo. It is possible for containers to sink instantly orcommunications equipment, and potentially unsafe
stay adrift for years. However, even emptyareas are avoided. The fleet should reach Fiji in July,
containers may not watertight and sink almostMauritius in October and Cape Town in time for
immediately. Containers with large but low-densityChristmas.
cargo have a better chance of floating. COAJon Caldwell is a professional content manager.