I like Ships too

[trysail]

I admit it. I get a little nervous when I see one of these babies at sea. There will be more and more of them as arbitrageurs and capitalists seek to exploit the ginormous differential in price between— say— Lake Charles, Louisiana and Kawasaki, Japan.

This ship is designed to evacuate eskimos in the event of a Siberian invasion. The igloos on top are to make sure the 'mos feel at home

http://www.power-technology.com/projects/kwangyang/images/5-lng-ship.jpg

Worldwide landed LNG prices (the prices are a couple of months old and are now somewhat dated but still provide a glimpse of the huge differences in regional prices):

http://www.bloomberg.com/image/imlQ9OJZ.gAs.jpg

​

 

[trysail]

http://static.grindtv.com/images/1/00/40/62/42/406242.jpg


Oracle Team USA, defender of the 34th America's Cup, suffered a major setback Tuesday after its $8-million AC72 racing catamaran capsized during training in San Francisco Bay. Nobody was injured during the dramatic event, which occurred in gathering winds near the Golden Gate Bridge. Damage to the 72-foot vessel, which was swept into the Pacific before it could be towed to shore, is said to be significant

Here is spectacular video footage of the capsize viewed from a camera aboard BMW-Oracle:
http://www.bloomberg.com/video/-8m-...ain-near-san-fran-vKOYYntaQAiI9qvexax08Q.html


Old sailormen still find it difficult to comprehend vessels that sail faster than the true wind. How is that possible ? Is there a physics teacher in the house ?

 

[thør]

http://25.media.tumblr.com/tumblr_mca04ho8zH1rygnxoo6_1280.jpg

 

[trysail]

http://www.aljazeera.com/mritems/Images/2012/10/14/2012101481315149734_20.jpg

Beware the Vulture Capitalists!

All you have to do is pay your debts and you'll have nothing to worry about.

"Countries don't go broke; the banks that lend to them do."​

http://media.npr.org/assets/img/2012/10/22/libertad-dc11cddae23b166e2c5f7b11290907a44292b643-s6.jpg
​

Why A Hedge Fund Seized An Argentine Navy Ship In Ghana
by Jacob Goldstein
October 22, 2012

The Libertad, a ship owned by the Argentine Navy, set sail across the Atlantic a few months ago. It was being tracked, via the Internet, by a U.S.-based hedge fund called NML Capital.

The Libertad is a tall-masted sailing ship used for training sailors. NML Capital owns over $1 billion of Argentine debt that the country has refused to repay.

The Libertad was supposed make a stop in Nigeria. But, because of worries over piracy, the ship docked instead in Ghana. That's when NML Capital filed suit in court in Ghana, asking for an injunction to seize the ship as partial repayment for the debt.

A judge granted the injunction a few weeks ago and ordered that the ship be prevented from refueling until Argentina posts $20 million with the court, which would be used to repay NML Capital.

This, not surprisingly, has been a huge deal in Argentina, which has refused to pay. The chief of the Argentine navy resigned because of the scandal. This weekend, the country evacuated most of the ship's crew, but the captain and a skeleton crew are still aboard.

The fight over the ship goes back to 2001, when Argentina defaulted on roughly $100 billion in national debt — the biggest sovereign default of all time. The move was arguably good for the country's economy. But, clearly, it also created some long-term trouble.

Between 2005 and 2010, Argentina cut deals to discharge 93 percent of its unpaid debt. Bondholders took huge losses, accepting 30 cents on the dollar. But the people who hold the other 7 percent of the debt are still fighting to get the money they're owed.

This means that any assets Argentina holds overseas — including, apparently, a tall-masted navy ship docked in Ghana — are vulnerable to being impounded by the repo man.



http://www.npr.org/blogs/money/2012...e-fund-seized-an-argentine-navy-ship-in-ghana

 

[trysail]

Gulp !!

How many knots is that baby doing ?
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http://25.media.tumblr.com/tumblr_mca04ho8zH1rygnxoo6_1280.jpg

 

[thør]

Gulp !!

How many knots is that baby doing ?
​

USS Fort Worth

Wiki says she can do 45 knots.

 

[VaticanAssassin]

Here is spectacular video footage of the capsize viewed from a camera aboard BMW-Oracle:
http://www.bloomberg.com/video/-8m-...ain-near-san-fran-vKOYYntaQAiI9qvexax08Q.html


Old sailormen still find it difficult to comprehend vessels that sail faster than the true wind. How is that possible ? Is there a physics teacher in the house ?

That is awesome

I grew up on a lake and we had a little Hobie 16. My greatest joy was taking out girls for the first time and tipping it.

Of course getting it back up was not that as big of a deal, and the wet t shirts gave me proper motivation.....

http://www.hitempo.com/hitemposail/images/hobie_16.jpg

 

[thør]

http://media.adn.com/smedia/2012/10/22/12/27/KEyTy.AuSt.7.jpg

 

[JohnnySavage]

You have to be at least 6' tall to be in the Coast Guard.

That's so in case the boat sinks you can still walk back to shore.

 

[Wings]

You mean I could be in the Guard? Sweet!

 

[thør]

You have to be at least 6' tall to be in the Coast Guard.

That's so in case the boat sinks you can still walk back to shore.

This is a Navy myth.

 

[JackLuis]

Here is a better picture of the ARA Libertad.

http://www.aljazeera.com/mritems/Images/2012/10/16/2012101653541996734_20.jpg

 

[JohnnySavage]

A concrete ship

http://img.groundspeak.com/waymarking/c7346633-a6f0-4441-9952-4db77ffe10b1.jpg

 

[CHNOPS]

Hi, Johnny's ships thread, you're looking mighty good today. You doing your Kegels?

 

[JohnnySavage]

Hi, Johnny's ships thread, you're looking mighty good today. You doing your Kegels?

This is a family thread. Take that perversion talk and stow it.

 

[trysail]

A concrete ship

http://img.groundspeak.com/waymarking/c7346633-a6f0-4441-9952-4db77ffe10b1.jpg

Real sailormen say, "She's got a ferro-cement hull."

 

[trysail]

http://photos.marinetraffic.com/ais/showphoto.aspx?photoid=274305
The World
http://www.marinetraffic.com/ais/flags/BS.gif

http://maps.google.com/maps/api/staticmap?zoom=7&size=500x350&center=32.37895,-64.67801&markers=color:red|32.37895,-64.67801&sensor=false&key=ABQIAAAAVpWBOdzQFdT6gwzFE0A6URRtU-IxEPKi1uUB7Ox-A4YoPayuXRREUfEbVwFa3n92rk66_RWecxCkGg


http://www.marinetraffic.com/ais/default.aspx?level0=100


​

 

[thør]

Real sailormen say, "She's got a ferro-cement hull."

You should see what they look like after banging into the dock a few times. Not pretty.

 

[chillywilly2]

You should see what they look like after banging into the dock a few times. Not pretty.

they sink like fucking rocks too

 

[chillywilly2]

http://photos.marinetraffic.com/ais/showphoto.aspx?photoid=274305
The World
http://www.marinetraffic.com/ais/flags/BS.gif

http://maps.google.com/maps/api/staticmap?zoom=7&size=500x350&center=32.37895,-64.67801&markers=color:red|32.37895,-64.67801&sensor=false&key=ABQIAAAAVpWBOdzQFdT6gwzFE0A6URRtU-IxEPKi1uUB7Ox-A4YoPayuXRREUfEbVwFa3n92rk66_RWecxCkGg


http://www.marinetraffic.com/ais/default.aspx?level0=100


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where is that...I think I might have been there

 

[Kitschshaman]

You mean I could be in the Guard? Sweet!

If that's really you in your profile photo, then they'll recruit you for search and rescue/mouth to mouth for certain!

 

[trysail]

where is that...I think I might have been there

The photograph has Liverpool in the background. It's an interesting juxtaposition of the vessel and the city skyline. At the time of the post, the ship was in Bermuda.

 

[thør]

The last time the E sails through Gibraltar. On the way to FLA.

 

[thør]

When 3500HP just isn't enough.

http://farm8.staticflickr.com/7035/6444463881_e97c3be5b6_b.jpg

 

[CHNOPS]

I hope this doesn't hijack this thread, but I just wanted to mention that abortions are fun, blacks are superior to whites, every Republican is a lying child molester, rap is God's music, Israel and Palestine are lovers, the climate is changing, there is no God, and gay gay gay.