Is it easy to salvage the superyacht?

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sun

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They can salvage the superyacht with enough force because it is small.https://www.msn.com/en-us/lifestyle/other/superyacht-sinks-days-after-delivery-to-owner/ar-AA2a1VDV?ocid=msedgdhp&pc=CNNDDB&cvid=6a7fa05ea13b45b28738365f6397c936&ei=24
 
Here is a clickable link about this sad saga

sun said:
They can salvage the superyacht with enough force because it is small
Click to expand...

And because it is in only about 7 metres water depth.
But even so, will it be economically viable to carry out the necessary repairs?
All of the electrical systems and wiring will have been affected, and will have to be renewed.
Similarly all of the soft furnishings, probably hard furnishings as well if there is any chipboard veneered with something that looks nice.
The engines and generators will have been affected........ I hope that they will be flushed promptly when she is raised.

Amer Yachts appear to have discontinued this model - I cannot find it on their website

Yachts Amer - Innovative, elegant, efficient, and sustainable

The Amerio family has “mare”, the Italian word for sea, woven in their name 120 Polar Fox (2025) Pause / Play
ameryachts.it ameryachts.it
 
Most of the time, projects like these can only succeed if the purchase price of the vessel is nearly nil.

As soon as the price gets too high; noone can afford the repairs. And, in many cases, repairs exceed final value. It might make a nice floating home.
 
There remains the flaw that allowed the vessel to sink so easily, either the causes of the fire, and/or the fast flooding of the vessel. This could have been a one time accident, human error, or a fundamental design flaw in the electrical system or the balance and buoyancy of the boat.

The boat needs to be removed from obstructing navigable waters and prevented from pollution, but is the design worth restoring into service again?
be29258e-fc0d-4bbd-b535-5d95ab41cf7f_text.gif


-Will
 
There is a matter of liability, and it will likely be moved to hard standing so that experts can do their thing I would imagine
 
bajansailor said:
And because it is in only about 7 metres water depth.
But even so, will it be economically viable to carry out the necessary repairs?
Click to expand...

Yeah, the salvage is easy, The vessel on the other hand is most likely a total write-off by the insurers (barring a bad investigation outcome). The labor cost of completely restoring a vessel is 2-3 times the cost of building new...and labor is ~half the cost of a new built vessel. (i.e. you have to disassemble, clean, rebuild, reinstall vice build and install only). The only reason the battleships at Pearl Harbor were repaired is that it could be done at more than twice the cost in 2 years vice 4 years to build a new hull.... important in a war.

Unless you are going to do all the work for free, it is not looking too viable.
 
jehardiman said:
Yeah, the salvage is easy, The vessel on the other hand is most likely a total write-off by the insurers (barring a bad investigation outcome). The labor cost of completely restoring a vessel is 2-3 times the cost of building new...and labor is ~half the cost of a new built vessel. (i.e. you have to disassemble, clean, rebuild, reinstall vice build and install only). The only reason the battleships at Pearl Harbor were repaired is that it could be done at more than twice the cost in 2 years vice 4 years to build a new hull.... important in a war.

Unless you are going to do all the work for free, it is not looking too viable.
Click to expand...
In summary, salvaging sunken ships is a thankless and difficult task. From a civilian perspective, clearing the waterway is necessary. It would be ideal if we could salvage the sunken ships at a relatively low cost.
 
sun said:
In summary, salvaging sunken ships is a thankless and difficult task. From a civilian perspective, clearing the waterway is necessary. It would be ideal if we could salvage the sunken ships at a relatively low cost.
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And really, most people don't want to see what shipbreaking is doing to the low paid workers and the environment in places like Pakistan, India, and Bangladesh.
 
fallguy said:
As soon as the price gets too high; noone can afford the repairs. And, in many cases, repairs exceed final value. It might make a nice floating home.
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I knew of several live-aboards in Florida that were acquired on the bottom after hurricane Andrew. One was an old Hatteras. Twenty years later the entire vessel's electrical system still consisted entirely of pieced-together orange extension cords laying on the floor. But she made it through the next thirty-odd hurricanes.
 
jehardiman said:
And really, most people don't want to see what shipbreaking is doing to the low paid workers and the environment in places like Pakistan, India, and Bangladesh.
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If the ships are not dismantled, the low-income people will have no way out. Therefore, the only option left is to pollute the environment and sacrifice their health.
 
philSweet said:
I knew of several live-aboards in Florida that were acquired on the bottom after hurricane Andrew. One was an old Hatteras. Twenty years later the entire vessel's electrical system still consisted entirely of pieced-together orange extension cords laying on the floor. But she made it through the next thirty-odd hurricanes.
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Such excellent hull quality. What's the use of this ship?
 
sun said:
Is it a serious accident?
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Serious? Depends on your measure. Only 22 people? Not that high considering other ferry accidents in the past year. 72,928 DWT? That's a fairly large dry bulk vessel, but also 28 years old which is just past service life for a commercial vessel. Generally, there are 3 to 4 "large" (100+ DWT) vessels lost every month (excluding war losses).
www.imarest.org

Global shipping losses reach record low amid rising risks

The shipping industry recorded a historic low in total vessel losses in 2024, with just 27 large (100GT +) ships lost worldwide.
www.imarest.org www.imarest.org
 
Human lives are precious! The ships are also precious. Although it's been 28 years, they can't be used normally. It's truly a pity.
Apart from dismantling, what else can they be used for?
With so many sunken ships every year, are there any good uses for them?
jehardiman said:
Serious? Depends on your measure. Only 22 people? Not that high considering other ferry accidents in the past year. 72,928 DWT? That's a fairly large dry bulk vessel, but also 28 years old which is just past service life for a commercial vessel. Generally, there are 3 to 4 "large" (100+ DWT) vessels lost every month (excluding war losses).
www.imarest.org

Global shipping losses reach record low amid rising risks

The shipping industry recorded a historic low in total vessel losses in 2024, with just 27 large (100GT +) ships lost worldwide.
www.imarest.org www.imarest.org
Click to expand...
Human lives are precious! The ship is also precious. Although it has been 28 years, it is no longer in usable condition. It is truly a pity.
Apart from dismantling, what else can it be used for?
Thank you very much for your statistical information. It has broadened my perspective. I used to think that safety work was quite easy and that there wouldn't be so many shipwreck accidents. This statistic really saddens me!
With so many shipwrecks happening every year, are there any useful purposes for them?
 
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