Are abandoned boats a big problem in the U.S? - Page 2 - SailNet Community
 6Likes
Reply
 
LinkBack Thread Tools
post #11 of 32 Old 04-08-2013
TQA
Bombay Explorer 44
 
TQA's Avatar
 
Join Date: Apr 2009
Posts: 2,868
Thanks: 0
Thanked 74 Times in 70 Posts
Rep Power: 7
 
Re: Are abandoned boats a big problem in the U.S?

One of the really surprising things about these wrecks which have not been touched in years in marinas and boatyards is that sometimes someone is still paying the monthly rental fee. I know of several in my neck of the Caribbean that are WAY past repairable but still some pays up, possibly to keep the dream alive.

SAD! in so many ways.
TQA is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #12 of 32 Old 04-08-2013
Senior Member
 
Join Date: Feb 2012
Location: New Orleans Louisiana
Posts: 2,296
Thanks: 7
Thanked 78 Times in 74 Posts
Rep Power: 4
 
Re: Are abandoned boats a big problem in the U.S?

TQA,

Part of the problem is that it is often cheaper to pay the slippage fee than to pay the disposal costs.

As an example, I have some sailing buddies that owned a 65' racer that lost its keel in the middle of the Gulf of Mexico. About a year later it showed back up, and the insurance company delivered it back to them. The restoration cost was higher than a new boat, so that was off the table. Demoing the thing was going to cost a good chunk of change, or they could put it back in the slip. A simple spreadsheet showed they could take half the disposal cost, put it into low return US Savings bonds, and pay the slip rental off of the interest. So that's what they did, with no expectation that the boat would ever be anything but a floating junk heap.

No dream here, just a honest calculation that letting it rot was significantly cheaper than disposal.


My thought is that marinas need a better way to get rid of these clunkers, so those rare slips can be put back on the market.

Greg Rubin
Attorney
Stumble is offline  
Quote Quick Reply Share with Facebook
post #13 of 32 Old 04-08-2013 Thread Starter
Member
 
Morild's Avatar
 
Join Date: Mar 2013
Location: Aabenraa, Denmark
Posts: 94
Thanks: 2
Thanked 2 Times in 2 Posts
Rep Power: 3
 
Re: Are abandoned boats a big problem in the U.S?

Very good point Greg,
besides all of the other problems with this, these rottening boats are taking up space.
Both in the water and out of the water.

Wonder if anyone could actually make a living from scrapping these boats, and get funding from selling the metal and other good parts that are on the boats?

But maybe it is just too expensive to get rid of the glass?
Morild is offline  
Quote Quick Reply Share with Facebook
post #14 of 32 Old 04-08-2013
Senior Member
 
krisscross's Avatar
 
Join Date: Feb 2013
Location: NC
Posts: 2,063
Thanks: 25
Thanked 121 Times in 120 Posts
Rep Power: 3
 
Re: Are abandoned boats a big problem in the U.S?

Quote:
Originally Posted by Morild View Post
Wonder if anyone could actually make a living from scrapping these boats, and get funding from selling the metal and other good parts that are on the boats?

But maybe it is just too expensive to get rid of the glass?
Crushed fiberglass can also be used as fuel in waste-to-energy power plants. If somebody was running a bigger operation scrapping boats that might be a cheaper (and more useful) option than sending it to a landfill. I used to work for a company converting industrial waste into fuel.
krisscross is offline  
Quote Quick Reply Share with Facebook
post #15 of 32 Old 04-08-2013
Senior Member
 
Join Date: Feb 2012
Location: New Orleans Louisiana
Posts: 2,296
Thanks: 7
Thanked 78 Times in 74 Posts
Rep Power: 4
 
Re: Are abandoned boats a big problem in the U.S?

The problem is that when you add up all the money making parts (keel scrap, rigging scrap, ect...) and subtract the parts that cost you money (delivery, disposal, shipping thousands of tuns of fiberglass, ect) it is a break even at best proposition.

The only way to make any money is to sell the pieces for more than scrap value. Which means a very long inventory time, lots of overhead, high storage costs... Perhaps if you owned a used parts chandlery it could work, but otherwise you can't get rid of the pieces fast enough to keep in business.

Greg Rubin
Attorney
Stumble is offline  
Quote Quick Reply Share with Facebook
post #16 of 32 Old 04-08-2013
Sea Sprite 23 #110 (20)
 
mad_machine's Avatar
 
Join Date: Dec 2012
Location: Atlantic City, NJ
Posts: 3,217
Thanks: 5
Thanked 69 Times in 60 Posts
Rep Power: 3
 
Re: Are abandoned boats a big problem in the U.S?

not sure on the marinas around here (not too many "real marinas left.. most are condos with slips) but I know since Hurricane Sandy.. there are 4 small powerboats out in the marshes between Atlantic City and the Mainland that have just been left to die. There are probably a lot more, those are the ones I just see on my way to work

Art Haberland
__________________

In the end all that matters is how fully you loved, how gently you lived, and how gracefully you let go of things that did not belong to you -Buddha

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
mad_machine is offline  
Quote Quick Reply Share with Facebook
post #17 of 32 Old 04-08-2013
Senior Member
 
Letrappes's Avatar
 
Join Date: Apr 2010
Location: Lake Charles, LA
Posts: 144
Thanks: 0
Thanked 4 Times in 4 Posts
Rep Power: 6
 
My marina pulls a couple power boats a year out of the water and cuts them up. I have no idea where the fiberglass goes but it disappears. I'm guessing the owner is way past due and the marina has no way they'll get rid of them if they don't cut them up. If I ever see a sailboat come out I'll probably talk to them about getting the mast, boom and other easy to move parts as usually they hold a much better than scrap value. I've bought and parted out small sailboats that were junk in the past.

There are a number of boats at my marina that are probably only there as the cost of disposal is higher than the slip fee. I have a friend trying to contact a guy about his custom 40 ish foot sailboat that hasn't moved in about. I'm guessing it's a wreck but might be decent.
Letrappes is offline  
Quote Quick Reply Share with Facebook
post #18 of 32 Old 04-08-2013
Old enough to know better
 
Join Date: Dec 2006
Location: Beacon, NY
Posts: 2,917
Thanks: 19
Thanked 122 Times in 118 Posts
Rep Power: 9
 
Re: Are abandoned boats a big problem in the U.S?

This is not new, in the 70's and 80's the boat yards were full of wooden boats as they got past the point that they could financially be kept up. Thing is a rotting wooden boat basically falls apart, where a fiberglass boat sits there looking like it could be restored. It is a shame though, as if kept up a fiberglass boat can basically last forever, but once the deferred maintenance piles up it becomes cheaper to destroy.
miatapaul is offline  
Quote Quick Reply Share with Facebook
post #19 of 32 Old 04-08-2013
TQA
Bombay Explorer 44
 
TQA's Avatar
 
Join Date: Apr 2009
Posts: 2,868
Thanks: 0
Thanked 74 Times in 70 Posts
Rep Power: 7
 
Re: Are abandoned boats a big problem in the U.S?

Tumble

A 40 ft boat costs 6k$ US pa. I know of boats that have been sitting in 'no hopers' corner for 10 years with someone paying the freight every month.

There is one where there are holes in the deck and the boat has standing water inside. I am amazed that the owner just does not walk away.
TQA is offline  
Quote Quick Reply Share with Facebook
post #20 of 32 Old 04-08-2013
Daniel - Norsea 27
 
Rhapsody-NS27's Avatar
 
Join Date: Apr 2012
Location: TN --moving to--> VA
Posts: 613
Thanks: 40
Thanked 29 Times in 24 Posts
Rep Power: 4
 
Re: Are abandoned boats a big problem in the U.S?

I would think there are few people out there that look for fixer-uppers but they never get advertised anywhere, except maybe a local ad. But if they're not advertised as being available, they still never go anywhere.

If someone were to look for these type of boats, is it just a matter of going to random marinas or yards and asking if any are around?

I've thought about getting a project boat but a certain young lady is telling me otherwise.

Daniel
1981 Nor'sea 27,
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Quote:
I don't need therapy, I just need my boat

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Rhapsody-NS27 is offline  
Quote Quick Reply Share with Facebook
Reply

Tags
abandoned boats

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.


User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Abandoned boats litter waters in tough economy Tanley Boat Review and Purchase Forum 1 08-26-2010 03:24 PM
Abandoned Boats litter MD waterways... T37Chef Chesapeake Bay 5 07-21-2010 03:57 PM
Ports where good crusing boats are abandoned davidpm Boat Review and Purchase Forum 13 06-01-2010 06:50 PM
The Log Investigates - Abandoned Boats Plague Mission Bay in Wake - The Log Newspaper NewsReader News Feeds 0 03-08-2007 03:15 PM
Georgia struggles with abandoned boats on coastal waterways - KTVA NewsReader News Feeds 0 01-30-2007 07:15 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome