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Old 04-13-2009, 11:50 AM   #3
likwid
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Quote:
Originally Posted by JohnnyD View Post
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.
This isn't your car having an airbag, this is arming and training or paying for a 3rd party extra crew to be on board. Expensive. Not gonna happen.

Quote:
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.
What insurance? I doubt it costs them a dime if someone dies. American crewed shipping is a rarity in that region, most are from other countries.

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