BIGGEST Salvage Projects In The World

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from the Deepwater Horizon event to giant abandoned ships these are the biggest salvage projects in the world number seven the MV cougar ace Alaska the Singaporean vessel cougar ace is primarily used for transporting cars from Japan to North America in 2005 it set a record for most cars and loaded from a ship in Canada kind of a weird record but hey who are we to judge a year later cougar ace was carrying 4812 brand new cars about 97% of them being Mazdas in total the cargo was valued at 117 million dollars well during an exchange of ballast water the stuff that keeps boats balanced and stable the Cougar ace tipped 60 degrees to port which means the ship looked like this the crew of 23 was rescued by the US Coast Guard and the Alaska Air National Guard the cars weren't so lucky the salvage efforts were not pointless but somehow they proved fatal for one member of the team with some luck Titan salvage were able to tug the ship to yunalesca island where it was finally righted meaning the ship was no longer tilted then it was told to Portland Oregon for inspections in repair the incident was quite the nightmare for Mazda at first they said most of the cars were fine but would not be sold as brand new after testing the safety of the cars the company decided to scrap every single one number 6 MV Baltic ace Netherlands well since we're talking about cars and ships let's look at the case of the MV Baltic ace built in 2007 this ship did not have a long and graceful career in 2012 that collided with the container ship Corvus Jay the accident happened 25 miles away from the coastal town of Rotterdam and it is believed it was due to human error within 15 minutes of the the Baltic ace sank to the bottom of the shallow waters of the North Sea 13 members of the 24 man crew were saved the rest were either confirmed dead or missing the search-and-rescue operation lasted only a day is the freezing cold weather snow and massive waves made survival near impossible at this point all efforts were focused on actually salvaging the vessel shipping lanes in Rotterdam were in danger and so was the environment the ship sank in 115 feet of water with 140,000 gallons of fuel remaining inside by 2014 all the fuel from the Baltic ace was removed and it was safe to begin cutting the ship the Baltic ace had to be separated in eight pieces so it could be safely lifted and removed from the seabed number 5 MV Rena New Zealand the MV Rena was a container ship with a capacity for 30 351 containers of whatever the hell you want to transfer globally with an engine that had a max output of 29,000 horsepower this 38,000 ton 160 foot long ship was built in 1990 and served multiple companies throughout the years in October 2011 the MV Rena ran aground on the astrolabe reef near the Bay of Plenty in New Zealand this was already very bad for the local environment and reef but things got even worse when the Rena started leaking oil because of bad weather the crew of 20 was evacuated when the ship started shifting a few days later the oil spill was declared the worst maritime environmental disaster of New Zealand a few days later the ship was sitting at a 20 degree tilt an 88 of the cargo containers fell into the sea in January 2012 the ship finally succumbed to the sea and broke into by 2014 77 percent of the cargo was removed and major parts of the ship were salvaged so what is happening today nothing the ship owners were allowed to abandon the rest of the wreckage with the stipulation that they would have to pay for the ongoing cleanup costs and damage the ship has done to the local environment number 4 MV Drake Australia imagine living a nice quiet life in Newcastle Australia and then one morning you wake up to this monstrosity on your Beach originally named the pasha bulker MV Drake is a bulk carrier ship that ran aground on the beaches of Australia back in June 2007 the cause for this mishap was not human error it was the fault of a major storm at sea well wait never mind it was human error after all ships were instructed to move out to sea because of an incoming storm the pasha bokor and ten other ships were like nah fuck that mate and stayed where they were the 22 crew members all survived the Beeching and no cargo was lost or damaged since the vessel was waiting to be loaded with 58,000 tons of coal after all was said and done the beached vessel actually increased tourism to the area since it's not everyday you see such a crazy sight and of course someone also tried to sell the vessel on eBay with a starting bid of 16 million dollars the plan for refloating the ship was simple just use anchors laid out at sea to guide the ship and have a few tugboats do a tuck job on it or drag it out from the beach well the first attempt didn't go so well the cables connected to the tugboats kept snapping the second attempt was much better the vessel was rotated by three salvage tug boats and it now faced the deep water they had to shut down the operation due to concerns of an oil leak though the third attempt proved successful the ship was finally in deep water again the nominal cost of 1.8 million dollars number three Deepwater Horizon rig USA let's move away from ships for a moment and recap on the worst environmental disaster in maritime history the Deepwater Horizon was a semi-submersible mobile offshore drilling unit that was used to extract oil from the deep sea it did not end well at all I'm not going to get into the mechanics and details of offshore drilling but let's just say it's somewhere between magic and how the hell did we accomplish this the Deepwater Horizon was drilling a deep exploratory well in the Gulf of Mexico at depths reaching 18,000 360 feet below sea level at 50-100 feet underwater on April 20th 2010 high-pressure methane rose to the drilling rig and exploded on the surface engulfing the platform in flames after one hundred and twenty six crew members on board 94 made it out alive because of the quick rescue mission that followed the explosion a lot of people wish this was the end of the story but the ensuing oil spill of 4.9 million barrels of oil resulted in catastrophic environmental effects and the total area affected by the spill was estimated at sixty eight thousand square miles coastlines from Florida to Texas saw their share of oil reaching their beaches by 2013 twenty-one hundred tons of oiled material was removed in Louisiana and it is believed that smaller tar bars and oil patches can be spotted to this day as it turns out it's not easy to patch up a hole in the earth a mile underwater many agencies at companies were involved in the shut off operations but a lot of their proven methods failed it got to a point where people were considering using nuclear fucking bombs to plug up the leak so how many billions of dollars were paid out Transocean the company that was running the day-to-day operations agreed to pay one point four billion dollars for violations of the u.s. Clean Water Act BP agreed to pay 2.4 billion but could face up to 20 billion more in damages number two the Chittagong ship breaking yard Bangladesh well here's a business of opportunity in 1960 the ship MD Alpine was beached and abandoned on the shores of Chittagong Bangladesh a local company purchased the ship and started the scrapping project the ship was pretty big and most of the work was done by hand so the project took years to complete but it was also the birth of the ship breaking industry in Bangladesh nowadays the brutal announced a four conditions have not changed but the landscape sure has number-one cost the Concordia Italy the Costa Concordia was a beautiful cruise ship that cost some five hundred million dollars to build its maiden voyage was on june 29th 2006 and not even six years later the Costa Concordia was involved in a tragic accident off the coast of Isola del Giglio thirty-two people lost their lives because proper international maritime law was not followed all passengers were supposed to be evacuated within 30 minutes of the abandoned ship ordered which was also given late it took over six hours for evacuations to complete the accident was pretty straightforward the cost of Concordia hit a rock all power was lost and the ship drifted towards the shore and rolled towards the starboard side after rescue operations were over it came time to figure out what could be salvaged from the ship Schmitt International a salvage company assessed that the best course of action was the total write-off of the ship as a constructive loss they were contracted to remove the fuel from the ship in 2013 the ship was finally brought back to a vertical position and to salvage costs rose up to 799 million in total at which point I assumed the people doing the estimates said to themselves screw it let's just round up to 800 million in 2014 the ship was refloated and prepped for towing estimates for the total cost rose up to two billion dollars in July 2017 the final pieces of the Costa Concordia were scrapped and recycled finishing the story of this tragic event check out the featured comment below subscribe for more world on earth and I'll see you in the next video

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Channel: World Unearthed

Views: 773,510

Rating: 4.6197639 out of 5

Keywords: biggest, salvage, projects, in the world, deepwater horizon rig, giant, abandoned, ships, big, huge, costa concordia, shipping, engineering, fails, missions, mystery, mysterious, ghost ship, abandoned ships, rescue missions, environment, discovered, crusie ship, found, strangest, weirdest, strange, weird, bizarre, shocking, engineering fails, you won't believe, engineering marvels, stranded ships, salvaged ships, saving, exploring, surviving, world's biggest, world unearthed

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Length: 10min 4sec (604 seconds)

Published: Fri Aug 25 2017

Reddit Comments

I'm amazed that a 500 million dollar ship would cost nearly 2 billion to salvage.