JumbleDuck
Well-Known Member
Amazing we have one example of a heavily used possibly poorly repaired boat being lost and the forum concluded that premiums for fin keel boats will rise and resale values fall.
Insurers know where their claims are and price premiums accordingly - just like cars- and I don't see this one off CR incident affecting the market. It is though pandering to some sailors prejudices regarding types of yacht construction.
It may be that Cheeki Rafiki, as a fairly old and very heavily used example of this type of construction, showed where many other boats will be, structurally, in due course. Or perhaps not. It's certainly a possibility, though, and insurers/surveyors would be daft to ignore it.
To go back to the gliding parallel, if a glider undergoes structural failure in flight, very serious investigations take place. It is not unusual for an airworthiness authority like the LBA to buy one and test it to destruction if they think there is a potential problem. If there is a potential problem, an Airworthiness Directive is issued which can be anything from "check at next annual inspection" to "ground immediately and until further notice". It may be that some similar process is needed for modern yacht designs - not because they are bad designs, but because they are pushing materials and structures closer to the limits than used to be the case.
This sort of class check does seem to happen occasionally. As part of the investigation into the Hooligan V capsize and fatality (the keel broke off because the fabricator had changed the design, seriously weakening it) other Max Fun 35's were examined and showed similar problems (Section 1.15, p33, https://assets.digital.cabinet-office.gov.uk/media/547c7036ed915d4c0d000085/HooliganVReport.pdf). Perhaps that needs to be formalised into a proper recall or Seaworthiness Directive scheme, particularly for commercially used boats.