Harley is a lawyer without seagoing experience. He merely relied upon his naval architects, shipyard, pin manufacturer, ABS, USCG, SIRE auditors, insurance surveyors, etc. who all told him that the Jake Shearer was properly designed, and built, met all required standards, and was seaworthy and fit for the intended trade.
I’m not in favor of putting anyone in jail for an accident, but if I were, I’d start with the people who wrote the inadequate regulations. Next those who designed to only meet the bare minimum regulations that they ought to know are inadequate.
It looks like the Nathan Stewart accident virtually wiped out Kiby’s large and profitable West Coast division. That’s an enormous penalty.
I wonder what role the Jake Shearer incident had in Harley’s loss of three major contracts to Vane? Maybe Harley is paying a big penalty too?
I understand when small struggling companies take big risks to save small sums. They often don’t know any better, and don’t have much choice. I don’t understand when large well funded companies take on huge risks to save a few pennies.