by Alan Francis » September 8, 2012, 9:30 pm
Back in the day, the Canadian Wheat Board awarded their contracts to each of the fleets based on their hauling capacity. In other words, a larger fleet would equal a larger share of the contract. Paterson took advantage of this by keeping their retired vessels to boost their tonnage. By the time Paterson sold their fleet to CSL, the Vandoc and Quedoc were not in any shape to be sold for anything but scrap.
Even though Paterson used the Windoc accident as a reason why they sold the fleet, the truth of the matter is Paterson approached CSL about a possible sale long before the accident. In fact, CSL had already inspected most, if not all of the Paterson boats prior to the Windoc accident. I’ll concede that the accident may have hastened the sale, but by no means was it the reason as Paterson publicly stated.
Back in the day, the Canadian Wheat Board awarded their contracts to each of the fleets based on their hauling capacity. In other words, a larger fleet would equal a larger share of the contract. Paterson took advantage of this by keeping their retired vessels to boost their tonnage. By the time Paterson sold their fleet to CSL, the [i]Vandoc[/i] and [i]Quedoc[/i] were not in any shape to be sold for anything but scrap.
Even though Paterson used the [i]Windoc[/i] accident as a reason why they sold the fleet, the truth of the matter is Paterson approached CSL about a possible sale long before the accident. In fact, CSL had already inspected most, if not all of the Paterson boats prior to the [i]Windoc[/i] accident. I’ll concede that the accident may have hastened the sale, but by no means was it the reason as Paterson publicly stated.