Thursday, January 30, 2020

Shipping: How to Park the Boat

Following up on yesterday's "Shipping: How To Drive a Boat" I should offer a word of explanation on the terminology.
One of my mentors, probably the best equity trader I've ever met, joined the U.S. Navy at age 17 and rose through the ranks to Commander and captain of his own destroyer, a very rare accomplishment.
But he wasn't good at the nomenclature. He would talk about "driving the boat" and when he put a couple dents in the destroyer while trying to "park the boat" the Admirals thought it might be better for everyone if he left the service.

He should have used this boat driver's technique: drop the anchor while upwind of the target and slide right in, easy-peasy.

From gCaptain:

Watch: Wild Docking in Norway
Check out this wild video out of northern Norway showing an expedition cruise ship docking during strong winds.....MUCH MORE