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Old 04-13-2009, 11:46 AM   #2
JohnnyD
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Quote:
Originally Posted by likwid View Post
Replacing dead crew is cheaper than arming them.
I disagree. Considering the real risk to these companies is an increase of insurance premiums after being paid out, I'd speculate that insurance companies would provide decreased rates for shipping companies that have armed details.

In a pure, cold-hearted business sense, I would guess that preventing the death of one or two crewmen and not having to pay out the insurance costs is cheaper than arming them.
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