Join Date: Apr 2019
Location: Bay of Islands New Zealand
Thanked 2 Times in 2 Posts
Rep Power: 1
Re: You think you have problems ?
Looking at the pics on Superyacht Times website, the damage to the boat is surely terminal. I know if I was a billionaire and my boat was insured, I wouldn’t want that boat back.
All boats have elements the owner discovers he doesn’t like - now would be a good time to build the same boat again and eliminate those elements. Restoring the boat would surely take as much time/money as a replacement. After all, we all know the hull is the cheapest part of a boat.
But even as a poor, ordinary boat owner, I would never feel comfortable doing a voyage on a boat that has sustained that much damage (especially submergence) - I would take the insurance money and move on.