Last year, when this balard first arose I put the "Skagramar" into the now defunct Olsons shipping news - no result. Just trying to check the history.

Little known fact, in the middle of the last centuary Lloyd's of Lomndon was asking a premium of about 4% per anum for a sailing ship.

For a bad owner 6-7% or more was required.

Take out the "Particular Average" (= Damage only) element and ask yerself what was the working life expanse of a sailing ship and crew

Gareth