Kittrina - dismasted.

[KevinV]

Well it seems like repair (labour and materials) cost may likely equal or exceed insured value.

Sister and daughter telling me not to repair (due to safety ) but to sell instead.

If the insurance pays out the insured value there's nothing to sell - they own the "wreck".

If you think you can repair it cheaper then you can make them an offer to buy it back, but I'm guessing the vast majority of the repair cost is materials, not labour. Considering your location getting a mast shipped out is going to be, erm, interesting and new sails will cost a heap too. Then you can bet your bottom dollar that insurers will insist on professional rigging and survey before they insure it. On the plus side you can store her in your garden while you wait for parts, rather than (the insurers) paying yard fees.

Tough decision, I guess a lot depends on how much skin you have in the game, how replaceable the boat is locally, and whether (realistically, working on Caribbean time) you can it fixed quickly enough to your liking. Professionally repaired, and surveyed, I don't see that safety is an issue - though I understand that it might FEEL like one to those that care about your wellbeing.

It really is rotten luck, she's the perfect boat for out there.

 

[penfold]

Well it seems like repair (labour and materials) cost may likely equal or exceed insured value.

Sister and daughter telling me not to repair (due to safety ) but to sell instead.

Will be a lot safer after these repairs than before. Can you use a tape measure and a drill? Rerig it yourself and keep the money.

 

[KevinV]

Out of interest Rumpilot, have you contacted Corsair about this at all? They should be interested - if their boats got a reputation for this kind of failure it would do their brand no end of harm.

 

[Rum_Pirate]

Out of interest Rumpilot, have you contacted Corsair about this at all? They should be interested - if their boats got a reputation for this kind of failure it would do their brand no end of harm.

Good idea, will do.

However company has been bought and sold etc since mine was built.

 

[fredrussell]

Apologies if this has already been discussed in this thread, but, just out of interest, what is needed to repair her? Mast, sails and rigging or was there more damage than that?

 

[Rum_Pirate]

Apologies if this has already been discussed in this thread, but, just out of interest, what is needed to repair her? Mast, sails and rigging or was there more damage than that?

1. Mast (+/-US$14,000.00 excl boatyard profit and labour.)
2. Main sail
3. Standing rigging and fittings
4. Some running rigging
5. Wind weather vane
6. Mast top nav lights
7. A deck recessed chainplate (the one that broke) - others (not part of claim) have to be checked/replaced
8. Deck (2) fixed pulleys
9. Hand rail on coachroof
10. Jib
11. Jib roller furling system (Harken)
12. Large stern hung solar panel
13. Stern ends/tips of outriggers - damaged in manoeuvring to get yacht out.
14. Other small miscellaneous items

 

[Boathook]

@Rum_Pirate looking at your list in post 66 you might be best to take the money and buy something else. Some of the items are minor amounts but it is a complete rig which would be bad enough in the UK let alone where you are with large import tax added.

Just my view .....

 

[Rum_Pirate]

Stern tips of outriggers, minor repair.

 

[Rum_Pirate]

@Rum_Pirate looking at your list in post 66 you might be best to take the money and buy something else. Some of the items are minor amounts but it is a complete rig which would be bad enough in the UK let alone where you are with large import tax added.

Just my view .....

The boatyard currently thinks that the cost will likely be over US$30k.

Visited yard this morning, to follow up on status.

As the trimaran is only insured for US$25k (including trailer - which we will keep) it looks like an economic write-off.

So here is a hypothetical calculation:

Owner 1 - 50%
Owner 2 - 25%
Owner 3 - 25%

Payout say $20k

Owners 2 and 3 put in $12K.

So payback owners 2 & 3 ($20k-$12k) leaves 8K

Divide balance between owners as per shareholding # 1 - $4,000, and # 2 and #3 get $2,000 each.

BUT if I/we keep the trailer worth possibly $4,000.00

There are also the (second hand now) contents to be considered : Anchor, watermaker tool kit, umpteen spares - incl pulleys shackles, bolts etc etc. How do you value those?

 

[Rum_Pirate]

UPDATE

Insured value +/-12k

Insurance have proposed a discharge form +/-12.5k

On querying how the residual salvage value of 12.5K had been determined,

Insurance have reproposed a discharge form +/-17.5k

On querieng how the residual salvage value of 7.5K had been determined,

Insurance have organised an independent surveyor have a look on the pre and post(dismasting) values on Friday morning.

There are two(2) potential purchasers that I have so far, albeit it in the USA.

Awaiting their offer.

 

[Neeves]

Corsair is now owned by Seawind, Australian catamaran builder, but the yachts are built now in Vietnam (nothing wrong with Vietnam - for the jingoists and xenophobes. Much is made of the difficulty of getting parts for repair - I'd have to think Vietnam might be much more difficult - or the issues are overstated.

I don't think Seawind will be too concerned that a yacht built before they bought Corsair has issues. However I would speak to them they might be able to package a completely new rig (which I think comes largely from Australia (but I might be out of date).

Good Luck

Jonathan

Thinking further.... they presumably sell Corsairs in the US, and they might have a Caribbean market? They will ship from Vietnam with the mast down, secured down the deck, and all the rigging and components would be in the cabin in a large poly bag. It does not seem difficult to add an extra mast and poly bag to one of their deliveries (the extra cost will be zero to the customer destination), even better if they have a healthy Caribbean market - and you are prepared to wait. You might also float the idea that they could alternatively piggy back on one of their cats, as I understand they have a healthy US market for their Seawinds (which have a good reputation here in Oz).

One major issue might be that there might have been changes to the Corsair design since yours was made.....

as they say - reach out.

J

 

[Neeves]

From memory you have not owned the yacht for very long and the level of failure suggests the issues might have been apparent to a surveyor?

These yachts were a production product and if there was anything inherently wrong with their choice of stainless you would not be the only one to suffer.....?

Jonathan

 

[Chiara’s slave]

From memory you have not owned the yacht for very long and the level of failure suggests the issues might have been apparent to a surveyor?

These yachts were a production product and if there was anything inherently wrong with their choice of stainless you would not be the only one to suffer.....?

Jonathan

They, and other Farrier designs have an enviable rep.

 

[zoidberg]

They, and other Farrier designs have an enviable rep.

Yup. I sailed on a Farrier boat - an Fx-9 - for a RORC season. Won the Class Series. Handbuilt, with numerous 'approved' modifications.... such as the weightsaving all-carbon loo, the boomless mainsail, and all the deck hatches also in carbon with 'chi-chi' little hinges and removable pins so the opening direction could be changed. The 'floors' had been dispensed with in favour of some extra carbon layup in the hull-bottom. Tons of weight-saving, everywhere.

Even the coffee mugs were twin-wall titanium! I kid you not.

 

[Chiara’s slave]

We have a race trim and a cruise trim. Different cups plates, cutlery, and a big pile of warps and fenders discarded. By convention, 920s mostly race with their berth cushions. But most other things ate fair game for removal.

 

[zoidberg]

There's sometimes a 'fetish' for weight-reduction as an aid to 'Going Faster'. We've all heard of the 'half-toothbrush' apocryphal tale, but one of our number was told to leave his false teeth at home!

On some of the races, there were only two of the exotic 'twin wall titanium mugs' - one for the skipper/owner and one for the 3 crew. "What's the problem? You don't expect to be supping all at once, do you? And if you do, that'll be in the pub afterwards...."

 

[Chiara’s slave]

There's sometimes a 'fetish' for weight-reduction as an aid to 'Going Faster'. We've all heard of the 'half-toothbrush' apocryphal tale, but one of our number was told to leave his false teeth at home!

On some of the races, there were only two of the exotic 'twin wall titanium mugs' - one for the skipper/owner and one for the 3 crew. "What's the problem? You don't expect to be supping all at once, do you? And if you do, that'll be in the pub afterwards...."

Throwing your rig over the side us probably counter productive.

 

[zoidberg]

'A long time ago and not so very far, far away...' I helped the ancient owner of a very-nearly-new 10m Danish trimaran bring the thing south after a bout of Scottish Islands Peaks Race. The rig fell down right in the middle of the Irish Sea, at night and just after 'a bit of a blow'. Uncertain of whether it was insured or not, we ( er, me ) dragged the tangled mess back on board, stripped and lashed it to the deck. It was then we had a close encounter with a nuclear attack submarine running surfaced....

Anyway, the rig failure was discovered as down to the complete absence of a forestay top toggle. The boat's agent/broker was a rigger by trade.

 

[Chiara’s slave]

I know who you mean. He was always very good to us, even knowing back then we didn’t have a lot of dosh. He found us an 800, which lasted us about 5 years, til the kids grew too big. Then we got the F27 of Rod Pattisson.

 

[Gsailor]

View attachment 156886

Wow.

Pbo please.

Does. Spraying a substance onto ss help?

I used to spray graphite impregnated grease into all the standing rigging at deck level because I knew it could fail.

I also knew ss needed oxygen to work properly ( hence ss rudder stocks always struck me as odd and emergency steering was stored to hand).

Quite a story you have there of more than one failure.

I hope something is learned by someone or everyone (preferably) and hope you are paid for an article that does the aforesaid.