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MarketTicker Forums Read Message in NotSoBreakingGeo
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User Info TiTANIC 2 in forum [NotSoBreakingGeo]
Genesis
Posts: 130804
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1:300000 is WAY too imprecise for close-coastal navigation. With that I agree.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Dogfarm
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ooooooooo this is going to make some insurance lawyers filthy stinking dirty rich.

Carnival very early has been saying 'oh, it's the captains fault. he was off on a jolly and not acting on our behalf.'

now it appears they had a negligent captain AND had previous knowledge he liked to off on his own frolicks.

Bloomberg says insurance costs between 600 and 800 million....probably closer to 800 million. Ship value is 450 million 3,000 potential litigants. Figure 100K in lawyer and settlement fees per person (rough average) = 300 million + Italian clean up and fines = 50 million.

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“Be sober, be vigilant; because your adversary the devil, as a roaring lion, walketh about, seeking whom he may devour” (1 Peter 5:8)
Eighty6thebs
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It's contained to sub-prime!
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Ship value was 450m euro.

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"Sounds to me like you guys a couple of bookies" - Billy Ray Valentine

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Particenens
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last speed reported 15.7
around 40min before the shipwreck
Inline

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A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain
Particenens
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not a lucky vessel ...

Palermo port Nov 2008






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A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain
Particenens
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Palermo port collision 2008 from another prospective

http://www.youreporter.it/video_La_Costa....

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A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain
Particenens
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and if you are superstitious...

At the launch of the ship ... the bottle remained intact
sept 2d 2005


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A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain
Madras
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Philly 'burbs
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Quote:
Costa Concordia captain claims he tripped and fell into a lifeboat

Francesco Schettino explains at hearing why he could not lead evacuation of stricken cruise liner but admits crashing ship into rocks

The cruise liner captain accused of abandoning ship after he struck rocks off the Tuscan coast last Friday has reportedly claimed he was unable to lead the evacuation because he slipped and tripped into a lifeboat while helping passengers leave the stricken vessel.

During a three-hour hearing on Tuesday, captain Francesco Schettino said it was an accident that he left the Costa Concordia, according to La Repubblica.

"The passengers were pouring on to the decks, taking the lifeboats by assault," the newspaper quoted him as telling a judge during a hearing to determine whether he should be held in custody on charges of manslaughter and abandoning ship.

"I didn't even have a life jacket because I had given it to one of the passengers. I was trying to get people to get into the boats in an orderly fashion. Suddenly, since the ship was at a 60-70° angle, I tripped and I ended up in one of the boats. That's how I found myself in the lifeboat," said Schettino.

(more at link: http://www.guardian.co.uk/world/2012/jan....)


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The fact that you have not yet personally seen the wheels come off the bus does not confirm the presence of lug nuts.
Genesis
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[bull****] [bull****] [bull****] [bull****] [bull****]
[bull****] [bull****] [bull****] [bull****] [bull****]
[bull****] [bull****] [bull****] [bull****] [bull****]
[bull****] [bull****] [bull****] [bull****] [bull****]
[bull****] [bull****] [bull****] [bull****] [bull****]

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?

Lk
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Cunard's new advertising campaign: "At Cunard, we don't let our Italians around anything more critical than tonight's pasta"
Joe-bob
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Seems like there's always a cruise ship tipping over somewhere.

Practically every ww2 naval engagement in the Pacific I've read about seems to at some point mention an enterprising lieutenant who, when the ship is holed on one side,quickly, without asking for orders, counterflood the oher side of the ship, saving 100's of people by preventing a barrel roll. Shouldn't these roll-prone ships have the ability to quickly counterflood?

Not to mention, if you're bound and determined to put a huge hotel on top of a ship, what about outriggers or a catameran or trimeran configuration? You might be able to make the outriggers able to detach and function independently or pehaps retractable for getting into port. I'm sure it would present some interesting engineering problems, but it might be worth it to eliminate risk of roll - a mass casualty event has got to be the most expensive insurance event.


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Genesis
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This ship probably would have gone down far-more-level had the water been deep enough -- which it isn't right there.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Joe-bob
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One would think the captain would know the shape of his hull bottom - flat or rounded - to know whether a run into the shallows was likely to result in a roll.

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Genesis
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Running into the shallows (intentional beaching) nearly-always beats sinking in deep water. Of course the real problem is getting your dick in the wringer far enough to have this happen in the first place.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Eni_orisa
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How does a captain go down with his ship, when his ship doesn't go down?
Onthebeach
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Sydney
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He doesn’t ….. he watches from the shore to see whether his ship goes down…..
Bezzle
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Quote:
It reminds me of the Air France incident that Bez posted.
Just a guess here -- without having read a word of the story yet: ye olde captain was a pickled rum-hound who was asleep in his cabin snoozing off the buzz while pimpy-faced booger-eaters were yanking and poking things randomly at the helm (i.e., same deal with Air France, give or the take the booze).
Quote:
The bigger isue, though, is that the the ship listed and keeled over on its side. By design that shouldnt happen as it makes it impossible to deploy all the lifeboats safely.
By the looks of things, she's on her side due to being top-heavy in the shallows. I'm guessing she ran aground at high tide, and the pictures are at low tide.

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Movedtonz
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Tidal variation for that location in the last few days is ~0.3m. Guessing is an accurate term.

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Bezzle
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Quote:
Guessing is an accurate term.
Well, thank you, Mr. Echo.

I'm seeing a half-rolled ship laying on something -- else it would be sunk.

-- Thus my remarks in the last half of the previous post responding to "By design that shouldn't happen as it makes it impossible to deploy all the lifeboats safely": i.e., there's nothing necessarily wrong with the design of a ship if it rolls while on LAND.

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El Sock-Puppeto exposed and killed by Tickerguy
Dogfarm
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eightysix thanks for the correction. here is the bloomberg link. hull insurance is 400 million euro payout.

http://www.bloomberg.com/news/2012-01-15....

also another one about Carnival failing to adhere to the safety standards.
http://www.bloomberg.com/news/2012-01-19....


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“Be sober, be vigilant; because your adversary the devil, as a roaring lion, walketh about, seeking whom he may devour” (1 Peter 5:8)
Drench
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Quote:
The search for 21 people still missing in the Costa Concordia shipwreck resumed Thursday amid reports the captain was seen dining with a mystery woman -- who may have been on board illegally -- shortly before the liner crashed off the Italian coast.
inline

http://www.foxnews.com/world/2012/01/19/....
Drench
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Quote:
The captain of the Costa Concordia ordered dinner for himself and a woman after the ship collided with rocks off Italy's coast, a cook from the ship told a Filipino television station.
Quote:
Schettino ordered dinner around 10:30 p.m. Friday, Barista said. Authorities say the ship collided at 9:41 p.m. that night.
http://www.cnn.com/2012/01/19/world/euro....

Onthebeach
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Sydney
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They had the “Reef Seafood Surprise” followed by the “Flounder Mediterranean” …….
Genesis
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Oh boy..... ordered AFTER the collision? ****.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Vegasradar
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I hear the Captain's new nickname is Chicken of the Sea smiley

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Be the change you want to see in the world. ~Mahatma Gandhi
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