by William Lafferty » February 24, 2024, 2:45 pm
There have been some, although it depends on how one defines "catastrophic," I guess: Paterson, 17 September 1985; Joseph L. Block, 18 December 1997; Ralph Misener, 12 August 1980; Irving Nordic, 11 March 1993.
The most notorious incident may not have been: The owners of the Vainqueur, built 1958 as the Alexander T. Wood by Canadian Vickers for the post-seaway ore trade, suffered what its owners claimed to be either a starboard generator or main engine crankcase explosion on the Gulf of Mexico, 15 March 1969, one life and the vessel lost. The vessel's underwriters, Northwestern Mutual, claimed it was deliberate sabotage to scuttle the apparently overly-insured vessel. See Northwestern Mutual Life Insurance Co. v. Linard, 359 F. Supp. 1012 (S.D.N.Y. 1973).
There have been some, although it depends on how one defines "catastrophic," I guess: [I]Paterson[/I], 17 September 1985; [I]Joseph L. Block[/I], 18 December 1997; [I]Ralph Misener[/I], 12 August 1980; [I]Irving Nordic[/I], 11 March 1993.
The most notorious incident may not have been: The owners of the [I]Vainqueur[/I], built 1958 as the [I]Alexander T. Wood[/I] by Canadian Vickers for the post-seaway ore trade, suffered what its owners claimed to be either a starboard generator or main engine crankcase explosion on the Gulf of Mexico, 15 March 1969, one life and the vessel lost. The vessel's underwriters, Northwestern Mutual, claimed it was deliberate sabotage to scuttle the apparently overly-insured vessel. See Northwestern Mutual Life Insurance Co. v. Linard, 359 F. Supp. 1012 (S.D.N.Y. 1973).