My Song - lost in transit

[WF36]

Re: The loss of a beautiful superyacht

https://www.seilmagasinet.no/innhold/seilbater-og-utstyr/?article_id=52261

Few pictures if you scroll right.

 

[Concerto]

Re: The loss of a beautiful superyacht

So My Song does not look like a total loss as originally thought. Yes it will be expensive to repair and will probably weigh slightly more, but she will probably sail again. Having had a new yachtonly 5 months old, shorter by about 100ft, badly damaged in the October 87 hurricane, I do know she does not look unrepairable. My own boat had a crack down to the waterline and into the cockpit, but luckily did not sink. She was repaired and sold some years later with the full survey not noticing the repair.

 

[ds797]

Re: The loss of a beautiful superyacht

Article in Saturday Telegraph (1 June 2019) with My Song looking rather more floaty and shiny than before!

 

[Tomahawk]

Re: The loss of a beautiful superyacht

Looking at that photo.... I would not like to be on the aft end in a full on broach.

 

[Kukri]

Re: The loss of a beautiful superyacht

The keel didn't fall off.

But, seriously, I expect that "discussions are taking place" between the owner's representatives and the underwriters as to whether she is a constructive total loss or not. My hunch is that she will be.

 

[doug748]

Re: The loss of a beautiful superyacht

E Bay next week. Ideal winter project.

 

[JumbleDuck]

Re: The loss of a beautiful superyacht

But, seriously, I expect that "discussions are taking place" between the owner's representatives and the underwriters as to whether she is a constructive total loss or not. My hunch is that she will be.

Bearing in mind that the rig is gone, the hull is seriously damaged and everything inside, from furnishings to engine to electronics - will be ruined, it would seem more sensible to start again from the beginning.

 

[Stemar]

Re: The loss of a beautiful superyacht

Bearing in mind that the rig is gone, the hull is seriously damaged and everything inside, from furnishings to engine to electronics - will be ruined, it would seem more sensible to start again from the beginning.

+1

I can't imagine that repairs wouldn't involve stripping down to the bare hull, putting almost as much work into fixing the hull as building a new one, then refitting with all new kit, from the engine and mast to the bathroom mirrors.

Even at my level of boating it's unlikely that a boat that badly damaged would be economical to repair and I can't imagine anyone who sails at that level tolerating something that's been fixed up, unless there's a strong emotional context.

 

[Kukri]

Re: The loss of a beautiful superyacht

The actual calculation is, "Is the estimated cost of repairs, plus a margin for contingencies, greater than the All Risks sum assured?" The margin for contingencies will be larger with a "one off" built of exotic materials.

My hunch is that the owner would welcome a chance to build a new boat, incorporating improvements in the light of experience, and so he is likely to come to an agreement with his underwriters on that basis. The underwriters will write the cheque and will then go after the carrier, which is where things get much more "interesting"...

 

[z1ppy]

Re: The loss of a beautiful superyacht

The actual calculation is, "Is the estimated cost of repairs, plus a margin for contingencies, greater than the All Risks sum assured?" The margin for contingencies will be larger with a "one off" built of exotic materials.

My hunch is that the owner would welcome a chance to build a new boat, incorporating improvements in the light of experience, and so he is likely to come to an agreement with his underwriters on that basis. The underwriters will write the cheque and will then go after the carrier, which is where things get much more "interesting"...

That will be interesting... i suspect a lot will depend on the initial investigations into the cradle and the suggestion of unwarranted repairs / modifications, followed by what was formally agreed with regard to who was responsible for lashing and securing the cargo and of course the wording of the BOL and mates receipt. I have heard nothing on if General Average was declared but from the sounds of it, unlikely.

The devil will be in the detail here i am sure, thankfully the parties involved are some of the most reputable in the game but it will never completely remove the blame game.

 

[Kukri]

Re: The loss of a beautiful superyacht

That will be interesting... i suspect a lot will depend on the initial investigations into the cradle and the suggestion of unwarranted repairs / modifications, followed by what was formally agreed with regard to who was responsible for lashing and securing the cargo and of course the wording of the BOL and mates receipt. I have heard nothing on if General Average was declared but from the sounds of it, unlikely.

The devil will be in the detail here i am sure, thankfully the parties involved are some of the most reputable in the game but it will never completely remove the blame game.

The "Brattingsborg" is owned by Jutha Maritime of Thailand and is entered in the Standard P&I Club. Can't find out who insures Peters and May.

 

[AndrewfromFal]

Re: The loss of a beautiful superyacht

Bearing in mind that the rig is gone, the hull is seriously damaged and everything inside, from furnishings to engine to electronics - will be ruined, it would seem more sensible to start again from the beginning.

I wouldn’t be so sure, a similar level of damage and immersion occurred when Leopard of London was holed in Biscay and then subsequently fell off the ship she was being transported back to the uk on, and she was fully restored by her owner.

 

[Kukri]

Re: The loss of a beautiful superyacht

https://www.thetimes.co.uk/article/30m-superyacht-can-t-be-repaired-js98lmwtp

The Times is saying she is beyond repair, but the owner would say that...

 

[Bajansailor]

Re: The loss of a beautiful superyacht

https://www.thetimes.co.uk/article/30m-superyacht-can-t-be-repaired-js98lmwtp

The Times is saying she is beyond repair, but the owner would say that...

She is repairable, but I very much doubt that she can be repaired economically, ie for less than the cost of building a new vessel.

To start with, if they want to repair My Song, first they have to spend a lot of money to ship her to a suitable yard (perhaps the Builders, Baltic Yachts in Finland?).
Then she would have to be totally stripped and gutted to literally a bare hull and deck - and all of this structure would have to be cleaned properly and made ready for installation of new outfit.
Meanwhile there appear to be several large holes in the hull - a careful inspection would have to be made to determine the full extent of delamination of the hull core. It is probably significant.
And it is a very high tech lay-up - repairing it is not a simple matter of throwing some CSM and Woven rovings at the holes.
Once the hull repairs have been carried out, then the interior has to be re-built - and all of this would have to be done via the existing openings (ie the companionways).

Contrast this with the relative ease with which a new hull and deck can be built (assuming that Baltic Yachts have the moulds available).
And most of the outfitting can probably be then carried out before putting the lid (deck) on.
Much easier than trying to do it all via a couple of companionway ladders, with associated restrictions on size of items that can be passed through.

If I was the Owner I would certainly be looking for a new replacement, rather than having Joe Bloggs in a repair yard somewhere saying confidently that he can patch her up and get her operational again...….