NEPTUNE
MARINE TOWING,
SALVAGE & RECOVERY
727-895-1355
"Go boating and get paid" "The boat is considered a luxury not a necessity."
With this in mind, in 1999 I have developed this new and challenging concept, on a very demanding market, Vessel Towing, Salvage & Recovery. The major advantage of this concept is that no money is lost in unnecessary advertising, so far the largest business expense ever along with the insurance. It is based on the oldest economic theory: SUPPLY and DEMAND. I have studied the boat recycling process for years and I have acquired the knowledge and the experience: ON HOW, WHERE and AT WHAT COST?, this concept can be applied as a lucrative and rewarding business. Just remember: Unless you make a living using your vessel:
Boat manufacturers are producing boats at an alarming rate. Due to 2005 - 2007 Real Estate "jump", the cost of dry storage and slips has increased considerably as most of marinas properties are now waterfront condos . People are abandoning vessels everywhere, unable to pay the high cost monthly payments, fuel, storage or slip fees and the maintenance. The average cost of owning and maintaining a 25' boat, is way over $7500.00 per year.Every marina and storage yard nationwide has numerous long overdue, unpaid accounts. Engines are locked, vessels need dewatering and the fuel has turned to varnish. The vessel is becoming a natural reef, soon to be "protected". Many R.E. Companies and banks are face with a dilemma of abandoned boats on the properties are listing or being foreclosed. Impoundment is the only legal way of disposal as they require a certificate od destruction.Some people are trying to sink them, resulting in arrests and fines from pollution and environmental damage. The numbers of BUI ( Boating while Under the Influence of alcohol or drugs), has become a reality in the boating community and a real issue for law enforcement.
Who you going to call?
Impounding a 70' yacht is a task and a nuisance for the common boat towing companies and the law enforcement. A transit slip for such a large vessel can cost over $350.00 per day. As the normal impound process takes usually 35 to 50 days and towing charges are way over $150.00 per hour, not including legal and attorney fees.
You do the math!
City and county dump yards are now requiring a title and a certificate of destruction in order to dump a boat hull. Engines, fuel, wiring plastic and batteries have to be removed and recycled prior to disposal. Only about 38% of the boat owners have insurance or towing memberships. The cost of new boats has increased considerably and so has the cost of salvage.
Coast Guard has done a tremendous job and they are working hard to improve and educate the public, but let's not forget the basic rule: Coast Guard will not tow recreational vessels unless there is a life-threatening event on board or the vessel is a hazard to navigation. The Coast Guard is here to protect and save your life - not your boat.
If I salvage a boat, I own it Right?
This is a very popular misconception. When a vessel is abandoned and left without intention to return or hope of recovery, the vessel remains the property of her owner. The salvor who finds such a vessel obtains a possessory lien on the vessel but not ownership. You are risking being arrested for stolen property.
If I tow my friend's boat, he owe's me money!
This is part of being a GOOD SAMARITAN, asking for compensation in any form, is breaking the law. You also become responsible for any damage that may occur to the boat during the tow and also any injury caused to the crew.
I sold my boat 8 years ago, why do I have to pay for salvage?
When you transfer ownership, make sure you retain a copy of the signed title or the bill of sale. Unless the buyer registered the vessel, you are responsible if he or she abandons this vessel on public property or lets it drift in the ocean. They end up on a beach of one of the inhabited islands, which are protected by federal law. The cost of removal and fines can far exceed the cost of the vessel. Unlike the automobiles, the ownership changes, but the registration numbers remain the same, unless the vessel is sold out of state.
Is this a tow or a salvage operation? This is a very controversial issue.
The definition of a TOW: ( 12th century Latin - ducere) meaning: to draw or pull along behind.
As a general rule, a simple tow involves one tow line and one tow boat. Taking out the crab- trap line cut on your prop, doesn't usually require a scuba diver. Dead engine, a battery jump, out of fuel or an electrical short are the main reasons for an emergency tow. If you are a member of a commercial assistance towing business , this service is usually free of charge. However if the vessel is in distress, hard aground, stranded, on fire, sinking or in eminent danger to the crew, other vessels or the marine environment, the rescue operation is classified as a salvage operation. Special equipment and a great amount of knowledge and experience comes into use. Wreck removal and hazardous waste containment may cost way more than the total loss of the vessel.
Derelict/Abandoned Vessels
A mast sticking out of the water. A deckhouse exposed at low tide. An old runabout lying on its side on the bank. Boats abandoned by their owners come in all shapes and sizes, but one thing remains the same: These derelicts take time, money and effort to remove, and the costs are often borne by the boating public. A small runabout might cost as much as $1,200 dollars to haul away and break up at a landfill. A 30-footer might cost three times that. Add another $6,000 if it’s sunk and needs to be raised as well. Local governments often must pay for derelict removal out of already under-funded waterway improvement accounts. Many states have made grants available to reimburse some or most of the costs, but funding for these programs is inconsistent. The owner is ultimately responsible for the vessel and any ensuing damage it does to the sea, any reef, or dock. If the vessel sinks or otherwise obstructs navigable waterways, the Coast Guard will demand removal. If you don't remove it, the Coast Guard will do it for you, sending you the bill and a fine, and it won't be cheap!
What is a B.U.I.?
If you drink and drive, you will be arrested and charged with DUI and your car will be impounded. The same law applies to boaters. Boating while Under the Influence of alcohol or drugs. It is illegal to operate a boat while under the influence of alcohol or drugs nationwide. The Coast Guard and Fish & Wildlife also enforces a federal law that prohibits BUI. This law pertains to ALL boats (from canoes and rowboats to the largest ships) and includes foreign vessels that operate in U.S. waters, as well as U.S. vessels on the high seas.

