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mercuryblues

(16,516 posts)

6. Don't worry for the owners

Reply to Recursion (Original post)

Thu May 30, 2019, 07:43 AM

May 2019

It was probably insured. Now the insurance company will jack up the rates on everyone else to pay for their loss. What the insurers don't cover the owners will sue the shipping company for and in turn, they will raise their rates and not give raises to those who actually work on the ships. I wouldn't be surprised if the insurance company also sues the shipping company to recoup some of their losses.

One thing about the super wealthy, they will never lose money over something like this. it's the peons who will pay. One way or another.

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Highlight:

Luxury superyacht lost at sea after falling off cargo ship [View all] Recursion May 2019 OP

You'd a thought it floats, no? jberryhill May 2019 #1

Damn. That is a gorgeous boat, though (nt) Recursion May 2019 #9

Looks almost exactly my mine ProudLib72 May 2019 #10

Is it named "My Song"? jberryhill May 2019 #12

That took a minute... n/t Harker May 2019 #18

The bath or just the playing with it? jberryhill May 2019 #21

I call mine "Moby" Harker May 2019 #22

Lol! Tipperary May 2019 #25

That's so wrong. Baitball Blogger May 2019 #32

Rich people problems. TexasTowelie May 2019 #2

Good. Dump them all in. dalton99a May 2019 #3

Transporting it from Mallorca to Genoa... shanny May 2019 #4

You have to use one of these... jberryhill May 2019 #11

Shit... Harker May 2019 #23

Ad with woman playing violin between sinking pics was twisting the knife. IADEMO2004 May 2019 #5

Don't worry for the owners mercuryblues May 2019 #6

Was it insured? The Wizard May 2019 #7

Yeah, my first reaction was "lost" after "falling off ship" (nt) Recursion May 2019 #8

Kinda like these steaks and Tvs OriginalGeek May 2019 #17

. jberryhill May 2019 #24

i hope it was Putin's yacht trueblue2007 May 2019 #13

Billionaires have problems too just like us regular folks. Kaleva May 2019 #14

T'was probably just time for a new one, Totally Tunsie May 2019 #15

Not to be overly picky on the geography of this story, but... DFW May 2019 #16

As you point out..this is indeed a strange story.. no text. Stuart G May 2019 #19

Perhaps to address the obvious question... jberryhill May 2019 #20

The entire trip was from the Caribbean. Mallorca to Genoa was the final leg. unblock May 2019 #28

The yacht was probably shipped across the Atlantic, the ship then stopped in Mallorca sop May 2019 #29

Thoughts and prayers! 50 Shades Of Blue May 2019 #26

Damn I hate when that happens underpants May 2019 #27

He should take a page from Betsy DeVos and have 8 yachts stashed in different places Gidney N Cloyd May 2019 #30

I hate when that happens I lost a car that was being shipped... Historic NY May 2019 #31

won't somebody help the poor superyacht? anglesphere May 2019 #33