The Shipbreaking Business
These days, shipbreaking is actually pretty common. It is quite a big business as modern ships only live through 25 to 30 years before they get decommissioned thanks to corrosion. This leaves plenty of functional and valuable equipment inside, even though the body is suffering from damages. Shipyards, like the one in Bangladesh, play an important role in this industry. Shipyards let the ship owners earn some money from the large chunk of metal that would have otherwise sunk to the depths of the ocean.
The Shipbreaking Business
Cutting Losses
The Sam Ratulangi might have disappeared nearly a decade ago, but the tugboat managed to do what no one else could. The crew found the ship in the middle of the ocean! They did not want to let it go to waste so the Independence crew took it upon themselves to hook the Sam Ratulangi to the tugboat and started heading for Bangladesh. If the weather had been better in those days, they could have succeeded. Unfortunately, dragging something of that size while a storm was raging proved to be impossible.
Cutting Losses
