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To: Abathar

Another story says that it’s too expensive to salvage for what you’d get for it, and that the owner doesn’t want it back, probably for the same reason. You say that scrap iron is $250 a ton. The ship weighs 150 tons. That means $37,500. Minus out the costs of a tug to tow it someplace they’ll actually give you that much and it doesn’t look like much of a business plan. Maybe there’s some value in the other equipment, but keep in mind that it’s been drifting in the ocean for over a year now. A lot of it must be trashed by this time.


21 posted on 04/05/2012 11:59:21 AM PDT by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: Bubba Ho-Tep

"Hold it there, mate. This is my pathetic excuse for a seaworthy vessel, and you're standing aboard it, so you might want to show it, and me, her captain, some respect."


24 posted on 04/05/2012 12:10:49 PM PDT by COBOL2Java (FUMR)
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To: Bubba Ho-Tep

Price that ship out new or good used, and then get a cost to refurbish it, you might be surprised.

There is money to be made on that ship in that condition for free, the hull with running engines alone blasted and painted is worth good money if corrosion isn’t too deep.


33 posted on 04/05/2012 2:12:00 PM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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