Posted on 07/21/2021 1:47:40 PM PDT by BenLurkin
The aging Queen Mary could cost the city of Long Beach up to $175 million to preserve and maintain over the next 25 years but it could cost even more — up to $190 million — to recycle for scrap or sink into the ocean.
Docked on the city’s shore since 1967, the former ocean liner has long been a challenge to operate. A 2017 study recommended that as much as $289 million worth of renovations and upgrades were needed to keep parts of the ship from flooding. According to documents filed recently in Bankruptcy Court, the Queen Mary needs $23 million in immediate repairs to prevent it from potentially capsizing.
(Excerpt) Read more at latimes.com ...
Is that why all the ship scrapping done in the far east so they don’t worry about those “added” costs?
The ship breakers in Pakistan and India do not concern themselves with such trivial items as asbestos and tanks with fuel still in them.
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