"The commercial morality of the world seems to have been markedly lowered as a result of the war," said one underwriter today, when asked for an explanation of the situation. "The demand for bottoms after the armistice raised shipping to unprecedented values. Insurance valuations increased correspondingly. Then the slump came and values were lowered and owners faced tremendous losses, but insurance policies continued at an artificially high mark. What we term 'moral risk' naturally increased and sinkings began. That is our notion how it all came about." ("Suggests Storms Sank Lost Mystery Ships," The New York Times, June 24, 1921.)
Wednesday, October 10, 2012
Steinsund
Steinsund, 1921.
The Norwegian bark Steinsund vanished in or near
the Bermuda Triangle in the first three months of 1921. (Winer, Devil's
Triangle, p. 79.)
The winter of 1920–21 was one of the worst on
record in the North Atlantic. Winds at times reached hurricane force. There
were two particularly furious storms that lasted three days each, from February
6, 1921, and from February 15, 1921.
A number of ships made port only after
sustaining serious damage, so it is reasonable to expect other, less lucky ones
to have sunken. (The mystics of course always turn this argument on its head
and ask why not all ships survive a storm if some did. Surely, it must have
been the Martians…)
Winer describes how hurricane-force winds
from the Arctic would coat superstructures with ice until ships became so
top-heavy they were capsized by the towering waves, with lifeboats and rafts
frozen to them so they could not be launched or float free and any survivors in
the water freezing to death in mere minutes. (Winer, Devil's
Triangle, pp. 79.)
The Steinsund was one of a number of ships claimed by the
Bermuda Triangle in late 1920 and early 1921. The record number of vanishing
ships aroused suspicions that Russian reds were hijacking ships and sailing
them to soviet ports. When government investigators realized how severe the
storms had been, investigations ceased.
While most or all of those ships were
probably really storm victims, it is of course not impossible that some ships
were hijacked by communists. A correspondent of The Washington Post
saw several ships with their names painted out in Vladivostok. (Group, p. 36.)
However, I tend to think those may very well have been Russian ships that had
their tsarist names painted out, pending renaming with, uh, "good
socialist/communist" names.
Finally, those ships not sunk by storms may
be victims of insurance fraud.
Labels:
Case File,
Probable Solution,
Sinkings,
Storm Victims,
Vanishings,
Victims
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