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A compelling theory. (lemmy.world)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 20 points 4 months ago (2 children)

IIRC: Olympic couldn't be insured as it was involved in a collision with HMS Hawkeye; and was found at fault by the Royal Navy. There was also damage that couldn't really be repaired resulting in an permanent slight port list and it was a floating legal liability. Titanic was insured for double its worth after this and White Star was owned by noted scumbag JP Morgan. Olympic was also being repaired at the same shipyard Titanic was being built at, making a switch that much easier.

My opinion: They swapped the boats in the yard to pass regulatory inspection for Olympic, then swapped back if there's any truth to this.

[–] [email protected] 11 points 4 months ago

And now they’ve snared another one

[–] [email protected] 4 points 4 months ago

Titanic was under insured so there’s no way they were making any money back by her sinking…