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Cost based or cost-plus pricing is the approach of pricing service parts using cost as a base and then adding a standard markup on top to get the price for the service part. Cost based pricing is a popular technique and arguably still the most prevalent in the service parts pricing field.
USS Regulus hard aground in 1971 due to a typhoon: after three weeks of effort, Naval salvors deemed it unsalvageable.. Marine salvage takes many forms, and may involve anything from refloating a ship that has gone aground or sunk as well as necessary work to prevent loss of the vessel, such as pumping water out of a ship—thereby keeping the ship afloat—extinguishing fires on board, to ...
Vertical transom and stern of a modern cargo ship. In some boats and ships, a transom is the aft transverse surface of the hull that forms the stern of a vessel. Historically, they are a development from the canoe stern (or "double-ender") wherein which both bow and stern are pointed. Transoms add both strength and width to the stern.
Basic parts of an outboard motor. An outboard motor is a propulsion system for boats, consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom. They are the most common motorised method of propelling small watercraft.
A constructive total loss is a situation in which the cost of repairs plus the cost of salvage equal or exceed the value. [22] [23] The use of these terms is contingent on there being property remaining to assess damages, which is not always possible in losses to ships at sea or in total theft situations. In this respect, marine insurance ...
[13] and Dutchman Jan Alkema who developed a new windvane, the so-called up side down windvane (USD for short, commercially available from only two brands) and a new kind of servo pendulum system that could be fitted to boats with a transom hung rudder. For this last invention Jan Alkema was rewarded the John Hogg-Price from the AYRS ( Amateur ...