Some good deals on multi hulls

Norman Cross 24 sailboat trimaran multihull Hurricane Matthew Salvage | eBay http://www.ebay.com/itm/Norman-Cross-24-sailboat-trimaran-multihull-Hurricane-Matthew-Salvage-/253160733951

 

Here it is - - - 1990 Norman Cross 24 sailboat trimaran multihull Hurricane Matthew Salvage - - - Starting bid US $ 250 - - - 0 bids yet

etc. - etc. - etc.​

 

Oops, sorry, I'd missed Cav's post with the link, should have looked further over the thread first !

 

Here's a 2005 hurricane Wilma victim, and how she ended . . .

Melbourne Florida USA - 2005​

Catalac 12M lifted off the rocks​

‘‘ . . . . . . Although the Catalac 12M made it to a boatyard, with serious damage to her port hull, she was an insurance write off, was then salvaged and there was an attempt at repair and refit. Unfortunately, the refit was botched. The inexperience of those responsible for the refit left this boat an abandoned wreck and eventually she was crushed by the boatyard. . . . . . . ’’

 

yeah not interested in junk, I wanna know what happens to the really expensive boats that are damaged... I couldn't count how many charter fleet catamarans I saw damaged in the photos pertaining to IRMAs wrath, so many of the boats that are piled up are worth upwards of $500k... just the equipment alone on these boats is worth a furtune - winches and other deck hardware, watermakers, refrigeration, navigation electronics and instruments, stainless gear etc - provided the boat hasnt completely sunk - much of these items will be undamaged and could present the opportunity for plenty of bargains... surely they don't just dump this stuff - it must get sold somewhere?

 

Maybe a better starting point option than building a ferro cement hull, even with the new miricle additives.

 

Best talk to the BVI Marine Association for leads I think. - - - - (BVI = British Virgin Islands)

It is them who pack up ^PDF over 400 charter yachts in Paraquita Bay as a hurricane shelter for each hurricane that nears their vicinity, they do this in a joint venture with the BVI government.

Good luck . .

P.S.

It seems they just don't count on to see the eye sometimes in those sheltered bays, so they put many eggs in just a few vulnerable baskets, I believe . .

 

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From the also above linked PDF I get 455 ‘‘hurricane shelter’’ moorings in Paraquita Bay as for 2017.​

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I predict a huge shitfight legal battle will follow paraquita bay. The insurance wont pay, they'll seek to blame the moorings maintenance or usage or similar, the owners will start a class action against the insurer, marina, and mooring installation company and any other entity which might be even remotely culpable, and no one will get paid for ages whilst the lawyers line their pockets.
Financial pressure will build - as the charter fleet cannot make any income - and they will settle out of court for a lower sum than would otherwise be paid.
Sad - but welcome to the modern dog eat dog world of insurance companies and lawyers

PS - great time to start a charter fleet business in BVI - the market is almost 100% open for the taking...

 

one shouldn't have to wonder if their insurance will pay!
a boat that can run fast is what is needed and screw the insurance!

 

I've been involved in many of these types of battles and you're incorrect. Burden of proof requirements, negate most of these concerns and though insurance companies tend to try for a way to not pay, in the situations of natural catastrophes, there's no doubt that regardless of how a boat was tied, mother nature won and they just end up paying, because it's cheaper than the average litigation (7+ years) battle. This is just a basic business decision. Simply put, it's way too easy an argument to suggest, that even the best tied boat would have a particular percentage of failure rate. In fact, they have studies that attempt to predict just how much, they can expect this rate to be and their premiums are based on these predictions. In other words, when they have a Cat 4 or 5 come ashore, there's no argument, just a bunch of agents wandering around accessing what and how much, because they know they'll be cutting checks. The alternative is to hunt for proof that a boat wasn't tied properly, looking for time/date stamp images of the inappropriate line runs, etc. Hell, they'd have to have an army of investigators just to dig up court approved imagery and data for each finger pier affected. They're greedy, but not stupid.

 

Another thing that makes it virtually impossible to tell if a boat was tied correctly vs another is the possibility of tornadoes spawned from the hurricane, those cut a clean swath and no ropes will hold your boat if it's in the way. There was evidence of this in my area...

 

We shall see PAR... the idea is that the insurance company will eventually pay, but by causing delays and no conpensation for loss of business income, they will get a lower out of court settlement than simply paying full insured values uo front. Its simply a tactic used to reduce their losses. Legal costs to the insurance company will be minimal compared to the total loss they are liable for...

 

Well, best have the hurricane shelter yacht berths inside of a mountain I think, just like the Soviets were building in the cold war for their Pacific Fleet of Nuclear Submarines . . .

BTW, it's just across northeastern North Korea, so Kim might have copied the idea for his hideout with an escape sub berthed inside . . .

I'll look up some info, hang on please . .

Though the total cost of all 2017 Hurricane yacht damage in the whole Virgin Islands region might only equal just the cost of the first few inches of such a hurricane shelter facility for about 500 yachts as in Paraquita Bay.

Edit = added an in-line submarine link to ‘‘Kim’’​

 

Here it is... Pavlovsloye underground submarine shelter​

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P.S. - Here's an overview shot of the region, I've marked the mid of the shelter in southeastern Russia, just east of Vladivostok.

Here's a close up of the underground submarine Shelter Facility, with a shot at the South-East Gate, and a shot of the North-West Gate.​