Of course! Socialize the losses, privatize the gains...
It's the American Way!
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Of course! Socialize the losses, privatize the gains...
It's the American Way!
It’s the ~~American~~ Singapore-based Way!
Our Gov. has for many years been so against the US Workers that they actively protect foreign business' interests in their effort to appease the obscenely wealthy. So I have no doubt it shall still end up with the US Taxpayers footing the bill. I'll wait to be shocked, but not that shocked, until a court rules that the City owes for damages to the ship.
OK, you're right and I really hate that paradigm. But didn't I hear something like these boats being led out of the bay are under the control of local crew (not company crew) until they get to open water? Also something about doing this without a tug escort? I wonder if there is more to this story other than yet another bad corporate actor.
The ship had 2 local harbor pilots (which are fairly mandatory worldwide as harbors are unique).
As far as no tug escort my guess is that's to cut down on costs, either to the shipping companies and/or the harbor ... and it's up to the harbor if a tug is mandatory or not.
As far as no tug escort
From what I've watched it might not have been safer. This because tugs apparently only can operate such a vessel if it is going really slow. But when it is going slow the vessel is difficult to control. So there's no easy better option.
I'm just repeating what I heard on a video from this channel: https://youtube.com/@wgowshipping
The tug boats could only be there as an escort in case of an emergency, meaning they're not necessarily attached to the ship.
Leaving them out of the equation is a cost-saving practice.
The tug boats could only be there as an escort in case of an emergency
The vessel was doing 8 knots. It would have been useless and dangerous according to that channel.
Leaving them out of the equation is a cost-saving practice.
If tugs are required then the port should require them instead of relying on shipping companies to do this. You've repeated that it is a cost-saving measure but I've said twice now that it isn't automatically helpful to have them. Further, it really is on the port if tugs should be needed to put that into the minimum requirements.
The revolution will be live-streamed.
Legal stuff can easily be made to take decades. Meanwhile there's billions of losses per year that the bridge is down. I'm not saying it's a good thing, but it's not good for that local economy to wait for courts to decide on things.
I’m sure the cost is already much higher than they could afford. Between the bridge itself, the cost of diverting shipping and the economic impact of said diversion.
I’m sure the cost is already much higher than they could afford.
That's what insurance is supposed to be for, assuming they had it. Getting the insurance company to actually pay out, that's a different story entirely.
Probably the insurance Co telling them to make the filing.
Those assholes can fuck right off. I'm sick of rich people gambling big and fucking me over win or lose. If every rich person can afford one fewer yacht because they are held accountable when they gamble and lose, they would lose nothing of value.
Plus loss of human life.
Then they get to liquidate some assets to pay for the replacement costs.
The crew looks like they went to the extreme to avoid the collision, contacting as many authorities as possible to try to save human lives. I feel bad for them because they did everything possible and it still ended in a disaster.
It wasn’t their fault the boat was ill maintained and lost power at a critical moment. The company can bear the cost.
Don't forget the workers lost as well. Not sure if that would have to go through different civil suits.
Don’t forget the workers lost as well. Not sure if that would have to go through different civil suits.
According to my reading of the article, assuming the limit is upheld, the worker's families would be getting the money that comes out of this. The bridge and port would be the losers.
Yeah we crashed into that bridge, but we aren’t paying for it.
The owner doesn't have to be the operator.
They did the hiring and should have done the due diligence. If corporations want to be considered people than they can't really claim that their limbs were the ones responsible for breaking something, not them.
An example from my childhood: two security guards at work at the Aryan Nation compound beat the shit out of a minority. The Aryan Nation was found liable and their property was seized to cover their expenses and it was used for fire fighting practice.
Why is that even a thing again exactly?