But you cannot talk of having credibility and a “flag of convenience” at the same time either. If the tie-up contract for Marinea was basically “be here at your own risk, we will all try to do our best at life”, given the things you don’t need to insure it against, it may come down to “we insure the foam blocks won’t sink, and the electricity is insulated, and the roofs don’t leak”, can you get a “reputable” contract for only that? You know some states allow you to self-insure your cars, right?
Honestly, i was talking about their own personal water transportation device. Their boat. In a marina, i expect they will be distributed all around the place, and if there’s 1000 people living there, and half have a boat, and each boat can carry 10, then that’s 5,000 person carrying capacity. They aren’t legal lifeboats, but if the seastead gets run over by a container ship (not on the Cay Sal Bank, it’s too shallow), i am going to get into any boat that floats.
While well done fiberglass is is good stuff, but i hear bad things about various cores, because you essentially have a double-hulled boat with thin hulls, not one thick hull. I heard when the storms come, the wood/foam cores get delaminated. Plus a crack in the outside can waterlog the core and spring a leak in the “inner hull” anywhere unrelated to where the outside water leak is. Plus it’s relatively soft and squishy, so a compression hole-thru cannot clamp against the inside and outside without crushing the core and crazing the inner and/or outer hull portions. And fiberglass is not the same as fibered polyester, but the goop used to hold the mesh together is less important as long as it isn’t porus. (Disclaimer: I am not a fiberglass aficionado, but i keep a supply of it on the shelf, and first used it in the early 1960’s. I will listen to the experts.)