undefined | Better HN

Skip to content

Top Best Ask Show New Jobs

0 pointstoomanybeersies6y ago0 comments

In this specific case, which government? The ship was sailing from Greece to Haiti, on a Tanzanian flag, when it was abandoned. Which government should've required a cleanup bond or insurance, the Greek, Haitian, Tanzanian, or the Irish?

0 comments

5 comments · 2 top-level

throwaway8943456y ago· 3 in thread

Any country should require a ship registered to it be either bonded or insured

OJFord6y ago

And what, Ireland claims it from whichever it was paid to?

And you only need one country not to, so you can register there. You'll never get every country to sign up to anything like that, because it makes being the one that doesn't too valuable.

icebraining6y ago

We have mechanisms to deal with stuff like this. You write a treaty where each member country pledges to implement this scheme, and then member countries refuse to let commercial ships from countries outside the treaty to dock.

throwaway8943456y ago

The entity to whom the bond was payed then pays for the ship’s salvage.

You don’t need every country to implement this. There can be bond havens just like there are tax havens. It’s not ideal but it’s still a huge improvement over making every country a haven. And anyway, there are lots of things a country can do to devalue havens, such as prohibiting businesses operating within said country from doing business via ships that are registered in these havens, including transitive. No system is perfect, but why would we reject imperfect solutions that still do a ton of good?

kevin_thibedeau6y ago

Ireland bans Tanzanian ships until someone pays up.

j / k navigate · click thread line to collapse