I watched a program recently where a contactor and his crew had the dubious task of removing the remains of a modern tanker from its watery / antarctic / Graveyard. The puzzle was to refloat the remaining half of the vessel and tow it a half a mile off shore.
The contactor signs a contract where he spends all HIS money with NO RECOMPENCE unless he reaches the target (half a mile off shore)
The ship is buried on the shore and is breaking up under the wave action.
His solution was basically to fill the holes in the craft with new metal plates, pump the craft dry and pull it to it's target.
He failed and lost $7 000 000
Which way would you have done it?
Of course everyones wiser after the event...
The contactor signs a contract where he spends all HIS money with NO RECOMPENCE unless he reaches the target (half a mile off shore)
The ship is buried on the shore and is breaking up under the wave action.
His solution was basically to fill the holes in the craft with new metal plates, pump the craft dry and pull it to it's target.
He failed and lost $7 000 000
Which way would you have done it?
Of course everyones wiser after the event...
