Coffin ship (insurance)

{{other uses|Coffin ship (disambiguation)}}

A coffin ship is any ship that has been overinsured and is therefore worth more to its owners sunk than afloat. These were hazardous places to work in the days before effective maritime safety regulation. They were generally eliminated in the 1870s with the success of reforms championed by British MP Samuel Plimsoll.[https://www.allatsea.net/plimsoll-line-and-coffin-ships/ Plimsoll Line and Coffin Ships]Jones Nicolette. 2006. The Plimsoll Sensation : The Great Campaign to Save Lives at Sea. London: Little Brown.

Many overloaded overinsured ships in the days of wooden sailing ships were old ships riddled with wood rot and woodworm and shipworm, repainted and renamed and falsely stated to be new ships. There were over 2,000 cases of sailors who had signed on as crew for a ship being tried in court for refusing to board upon seeing its condition.Coast (TV series), episode "Hull to London"{{cite web |url=http://www.spartacus.schoolnet.co.uk/Lshipping.htm |title=Merchant Shipping Act |publisher=SchoolNet |work=Spartacus Educational |accessdate=30 March 2013 |archive-url=https://web.archive.org/web/20130403195226/http://www.spartacus.schoolnet.co.uk/Lshipping.htm |archive-date=3 April 2013 |url-status=dead }} Plimsoll stated in the British Parliament, "The Secretary of Lloyd's tells a friend of mine that he does not know a single ship which has been broken up voluntarily by the owners in the course of 30 years on account of its being worn out".{{cite web|url=https://api.parliament.uk/historic-hansard/commons/1875/jul/22/parliament-breach-of-order-mr-plimsoll |title=Parliament — Breach of Order (Mr. Plimsoll) |work=Hansard, 22 July 1875 |publisher=Millbank Systems |date=22 July 1875|access-date=30 March 2013}}

In 1977, the ship Lucona sank in the Indian Ocean as a result of a time bomb, which had been planted by Udo Proksch, the owner of the cargo, so that he could fraudulently collect the insurance money. The cargo was claimed to consist of a disassembled uranium processing plant but in fact consisted of worthless scrap, and 6 of the 12 crew members died.{{cite news |url=https://www.chicagotribune.com/1989/03/15/the-lucona-affair/ |title=The Lucona Affair |work=Chicago Tribune |date=March 15, 1989}}

See also

  • The London, an overloaded ship that sank in 1866

References

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