Wednesday, June 1, 2011

Disaster strikes a blow against the mighty 3-dhook empire

We have been patiently awaiting the arrival of several pallet loads of hooks from the far
east to replenish stocks for the next few years.  Well blow me down, an email arrives from the
shipping company to say that the ship had foundered and the salvagers called in to rescue
the containers and the ship.  Well I never.  What recompense for several months of hard work.  Now
the task of recovery begins. The goods had to be offloaded onto barges and taken back to port.  The ship
devoid of its weighty burden was refloated and goodness knows what they have done with it.  They have their methods.  Crazy but clever and ingenious people.  A huge ship with a hole or two in its bottom.

Much to my relief I discover that we can get the goods again after the payment of a substantial fee.  They
have to calculate an average value for the freight, every shipper has to be notified. All bills of lading and
invoices etc have to be submitted so that one can claim one's own after payment.  Have to be big and swallow the cost... after all it's a 'sunk cost' and just pretend it never happened. But Younger, you dolt, you idiot, you mediocre piece of cheese cake next time insure your rubbish and don't rely on the great Germans and Chinese to not run their perishing boats onto the rocks!!!!

Indeed business carries its risks. And I might say even a mundane hardware business that barely figures on the horizon has its exciting moments.  Personally I could do without this particular excitement!