SailNet Community - View Single Post - Have you ever hit a shipping container?
View Single Post
post #104 of Old 12-02-2012
Senior Moment Member
SloopJonB's Avatar
Join Date: Jun 2011
Location: West Vancouver B.C.
Posts: 13,070
Thanks: 90
Thanked 118 Times in 113 Posts
Rep Power: 7
Re: Have you ever hit a shipping container?

Originally Posted by hellosailor View Post
"In the cargo container world is there any serious discussion about"
Since they have no legal liability for flotsam, why would they waste the time of day discussing ways to lower their income and raise their expenses by refitting a couple of million cargo cubes?
Bottom line? Until and unless international law makes them liable for damages, and until and unless those damages cost more annually than refitting containers, nothing is goinjg to happen.
The same way that the US airlines only attend to safety issues when the cost of paying out death settlements surpasses the cost of the changes to prevent them. That's FAA-approved accounting with the value of the average death something like $3.2? $3.8? million dollars. If you can save one passenger-life per year, but it costs $4 million dollars to do that, you don't do it. Simple math.
These are businesses.
That is what is known as Cost/Benefit analysis and all corporations have teams of actuaries and lawyers working on those kind of calculations all the time.

It ALWAYS comes down to $$$$. Concepts such as right, wrong, duty, morality etc. have absolutely nothing to do with corporate governance.

I, myself, personally intend to continue being outspoken and opinionated, intolerant of all fanatics, fools and ignoramuses, deeply suspicious of all those who have "found the answer" and on my bad days, downright rude.
SloopJonB is online now  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome