When a ship owner’s dreams die – Recycling Washington’s ghost ships could turn trash into treasure
This is an example of where owning an old boat ends with reality, a case of folks with “great dreams and aspirations, and no money,” says Troy Wood, the man in charge of dealing with derelict vessels in Washington. The unenviable job falls to the Department of Natural Resources, which manages 2.4 million acres of state-owned aquatic lands. There’s an old saying that a boat is simply a hole in the water into which you dump your cash. They can be cheap to buy, but are expensive to maintain, insure, berth, repair and operate. They age, they weather, they often sink. When they do, they create another kind of money hole: a maritime cleanup project often leaves taxpayers with the bill for removal. >click to read<09:36
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