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Well - There Goes My Answer :(


Razors Edge
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...or, at least, I'll never know what would of/could of/might of been done with the fire/smoke damaged cars :(

 

The Felicity Ace, a 60,000-ton merchant ship that caught fire on Feb. 17 carrying around 4,000 Lamborghini, Porsche, Bentley, Audi, and Volkswagen vehicles, sank on Tuesday morning in the Atlantic Ocean about 220 nautical miles (253 miles) off the Azores islands, the ship’s management company said.

MOL Ship Management Singapore Pte Ltd, which owns the company that operates the ship, said the Felicity Ace sank around 9 a.m. local time after it began to take on water and tilt to one side.

The Panama-flagged ship carrying some of the world’s most expensive cars burned intensely for days. SMIT Salvage, the Dutch company charged with salvaging the ship, sent a team of large oceangoing tugboats to the scene and was towing the vessel to safety when it sank.

Salvage crews and the Portuguese navy had said that the intensity of the fire might be explained by a large number of electric vehicles on board. Some batteries are known to be flammable and burn at high temperature when they combust, making such a blaze hard to extinguish.

The Felicity Ace fire is one of the first on board a major vehicle carrier loaded with a substantial cargo of electric vehicles. The incident has sparked debate among insurers and regulators about how to safely transport such vehicles, a question that will gain urgency as EVs become more widespread.

While the cause of the fire on the Felicity Ace might never be known because the ship is lying at the bottom of the ocean, experts say there is a danger that batteries in electric cars can short circuit and catch fire. That could mean that precautions not relevant for conventional vehicles might have to be taken into account during transport, regulators said.

After the blaze stopped, Volkswagen AG—the German car maker that owns the Lamborghini, Porsche, Bentley, VW and Audi brands—had said it expected “that large parts of the nearly 4,000 vehicles from several group brands were so damaged in the ship fire that they can no longer be delivered.”

Volkswagen declined to comment on the value of the cargo.

Incident insurance experts Russell Group Ltd. estimated that the cargo on board the Felicity Ace was worth about $438 million, of which the cars on board accounted for about $401 million. Russell estimated that VW could face losses of at least $155 million.

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3 minutes ago, Razors Edge said:

around 9 a.m. local time after it began to take on water and tilt to one side.

 

Tilt?  Who wrote this pile of crap.  Ships don't tilt.  Pinball machined tilt and RG tilts after too much beer but ships don't tilt.

This probably triggered Maxi.

 

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11 minutes ago, Kzoo said:

Tilt?  Who wrote this pile of crap.  Ships don't tilt.  Pinball machined tilt and RG tilts after too much beer but ships don't tilt.

This probably triggered Maxi.

 

Dude - it's a BOAT not some hifalutin "ship"! :angry:

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3 minutes ago, Prophet Zacharia said:

“Lists” was to be their next Wordle choice, but they ran out of guesses.

LISTS or TILTS would be awful Wordle choices.  No plurals in Wordle, and the double letters are wasted opportunities!

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18 minutes ago, Kzoo said:

Tilt?  Who wrote this pile of crap.  Ships don't tilt.  Pinball machined tilt and RG tilts after too much beer but ships don't tilt.

This probably triggered Maxi.

 

Ships roll or list.  To the uneducated this might me mistaken for a tilt.

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2 minutes ago, Razors Edge said:

LISTS or TILTS would be awful Wordle choices.  No plurals in Wordle, and the double letters are wasted opportunities!

If it’s correct, it’s not a wasted choice. And at least it not a foreign word forced into the English dictionary just because it’s a noun!

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14 minutes ago, Razors Edge said:

. Russell estimated that VW could face losses of at least $155 million.

 

Every article I've read states how much VW will lose yet fail to even mention insurance. Isn't it an insurance loss, not a VW loss?

1) Even if VW didn't have a insurance policy (highly unlikely) to cover the carrier becomes the next in line for the liability, not VW, with their insurance factored into the cost of carriage. VW is their customer they are liable to.

2) Between VW's insurance and the carrier, loss to VW is zero and may be even more profitable as they have to build more cars to replace the orders.

3) All cars on the ship were pre-sold, either direct order by end customer or dealer/distributor inventory, and they will have to wait longer.

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3 minutes ago, Prophet Zacharia said:

If it’s correct, it’s not a wasted choice. And at least it not a foreign word forced into the English dictionary just because it’s a noun!

Neither could be correct. If 4-letters were allowed, then LIST or TILT would be, but in Wordle, LISTS or TILTS wouldn't be an answer.  

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6 minutes ago, Prophet Zacharia said:

If it’s correct, it’s not a wasted choice. And at least it not a foreign word forced into the English dictionary just because it’s a noun!

🥺Many English speaking people of the world were once foreign language speaking people. Including lots of words is a joy.

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4 hours ago, Razors Edge said:

The Felicity Ace, a 60,000-ton merchant ship that caught fire on Feb. 17 carrying around 4,000 Lamborghini, Porsche, Bentley, Audi, and Volkswagen vehicles, sank on Tuesday morning in the Atlantic Ocean

All the 'evidence' is gone.   The crew of the ship can blame the cars for spontaneous combustion.  VW will blame the shipping company. 

4 hours ago, Thaddeus Kosciuszko said:

I'd love to be a fly on the wall when the insurance company tells VW they are only going to pay auction value for all those cars.

So no 10% over list price??  

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This is a Navy maxim.  Fill a ship with water and it will sink.  Fill it with less and it may list to the point that it becomes self filling and it will sink.  Leave a fire burning on a ship and eventually the metal will fail, it will fill with water and sink.

Obviously, for the safety of ships they should avoid water at all costs.

Running aground is not avoiding water.  It's hitting something that you couldn't see under water.

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15 hours ago, Bikeguy said:

So no 10% over list price??  

I wonder how deep the water is that it sank in?  Hell, flood damaged cars vs sunken cars? Sell them in Texas!

Anyone know a salvage operator?

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9 hours ago, jdc2000 said:

The information I saw said 30,000 feet.  Even Lamborghinis (that may be burned) are not going to be salvaged from that depth.

 

I'll cough up some money to have @Zephyr, his son, and assorted buddies fly out. 

Anybody else in on this???

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