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Old 10-26-2007, 11:15 PM   #1
Join Date: Dec 2006
Posts: 3

I was recently helping to crew a sailing boat. Before an overseas passage from Aus to PNG the owner tried to get the crew to pay a 'Security Bond' of Aus$3000 each. His explanation for the demand was that it was suggested in one of Jimmy Cornells books.

We all refused and left the boat.

This is the first time in some forty years of sailing other peoples boats that I have been asked for a 'Security Bond'.

Does anybody pay a 'Security Bond' - it seems to me to be a poor idea.

If the Owner does not trust the crew then why should the crew trust the Owner (to give the money back) ?

There was no offer of a contract over what the money could be used for and no offer to put the money into a trust account controlled by an independent person as would be normal in a real estate or motor vehicle transaction (in Queensland).

I think Jimmy is doing us sailors a disservice with this suggestion.

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Old 10-27-2007, 01:05 AM   #2
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Originally Posted by Jeges View Post
I think Jimmy is doing us sailors a disservice with this suggestion.
Have not seen the suggestion - therefore not sure in what context it was made (if it was)

Agree fully with your experience - many many years in discussions with skippers and crews - have not heard of this one.

Have heard of crews being asked to show proof of funds (or travel tickets) enabling their ability to continue their journey once the crew passage has been completed.

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Old 10-27-2007, 02:37 AM   #3
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I agree with Richard's comments.

I think that the owner might have misinterpreted, or misrepresented, a suggestion by Jimmy Cornell. I went to his web site, and couldn't find any mention of such a suggestion, though there are mentions of some situations that require a bond from the owner or skipper of a yacht.

AUD $3,000 is a lot of money, especially if you were going to PNG - after all, how much does a plane ticket back to Oz cost? You were right to leave the boat. Absent proof of a reference to something suggested by Jimmy Cornell, I would be inclined to believe it was all in the owner's mind.
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Old 10-27-2007, 03:14 AM   #4
Join Date: Dec 2006
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Thank you, I apologise to Jimmy Cornell for the implication that he suggested 'Security Bonds', it was the owner of the vessel who told me his justification of the request for the bond.

I have no knowledge of Jimmys views and do not wish to imply that I have. My post was not intended to blame anyone, particularly not Jimmy Cornell whose books are of great value.
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