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One of my high school teachers retired and bought a river paddle boat to put a restaurant on it. The idea was to cruise the local bay and provide a nice dining experience. Two years into owning it, the hull started leaking quite substantially. Apparently, the hull had not been maintained properly over the years and was now dangerously thin. The boat ended up being scrap. I guess they weren’t bringing in enough profit with it sailing, they didn’t even try to land lock it.
Be me Get job as Outbound Sales Consultant for ENGIE No idea how to sell LNG tankers to general public Post to LinkedIn that people should just buy one
Maurice Tessier Barrera - Outbound Sales for Energy Markets - Energy Leads | LinkedIn
Damn, I’m in my late 30s, too late *sadface
I can imagine the raucous laughter behind me as I exit the bank, fist clenched in anger and face red with embarrassment, after explaining to the loan officer that I needed $20m to purchase an LNG tanker but also that I have never been a sea captain, don’t know anything about natural gasses, and have no supply chain for acquiring or selling the product that said tanker is meant to distribute.
Nah, I’m good. I’ll stay poor.
see this is the kind of poor person thinking that will not get you anywhere. This dude here is sharing the secret to infinite money, and you just shrug it off
…I mean, I don’t think my bank’s overdraft policy is gonna let me go THAT deep into debt
It’s okay we’ll pay for the rest in apple cards
I’d probably invest 20 Million USD into producing open source Camera Bodies/Frames and Routers. As a side job I’d produce reclaimed/refurbished capacitors. As a venture I would invest in brine pit water electrolysis with a pendulum separation second stage to produce petrol salt byproduct, Oxygen, and Hydrogen while also cleaning up groundwater contamination.
The components for both camera bodies and routers are cheap but the end result gets sold for hundreds of dollars, and in fact there are very few options that aren’t filled with proprietary firmware and are difficult to open or service.
The capacitors I expect to work as my retirement. In a transition to solar and hydrogen economy they will forever be in demand, and can even be sold for profit currently if you buy in bulk and fashion in home capacitors to limit high-usage surge pricing of utilities to a minimum.
The venture I spoke of almost certainly will operate at a loss. Even if the hydrogen and oxygen are valuable, and even if you can find a use for the salts, it’s going to cost a metric butt-ton of electricity to operate: first for the pumping, second for the electrolysis. Secondly, the equipment would need constant maintenance and could be hazardous under high (and efficient) load.
BRB, gotta check between the sofa cushions.
For anyone seriously considering this: don’t.
“The LNG market is set to rapidly grow” is a lie. Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
This is a waste of money. They just want to get rid of their end-of-use LNG tankers. So they are looking for idiots to buy them.
I dunno about that. Based on this US data, its use seems to be expanding, even more so than renewables: https://www.eia.gov/energyexplained/us-energy-facts/
This graph in particular shows this:
Pfft idk, seems like maybe you just want to buy up all the tankers for yourself.
no no, in fact i can sell you mine, too, if you want to, for a meager $24 million. same model as in the picture
$18,500,350 and you got yourself a deal!
For anyone seriously considering this: how the fuck did you end up with that kind of money in your early twenties? Either you’re business savvy in which case you won’t consider this or daddy’s rich in which case you should talk to your dad first.
You get a small loan of 20 million dollars from your patents, obviously
I’ll assume you mean parents because you’d have to be one heck of an inventor
or find the right sucker
Considering the value of the cargo, if you had that type of money to throw around, you could probably make a pretty profit. Fully loaded one of these tankers holds between $100,000,000 to $200,000,000 of LNG.
Assuming a modest 3% profit margin, though I suspect that you could achieve 5% easily, you’d pay back the ship with 4 full shipments. Since at 3% you’d have 6 million in profit per trip.
by 2040 no metric ton of fossil fuels will be transported anymore
I seriously doubt it. Many countries are decarbonising like the UK has by getting rid of coal fired power stations and switching to renewables plus gas, because gas is a good way to solve the intermittency issues you get with many renewables. 2040 is not very far away, on that timescale the demand for LNG may actually go up.
Too late, already bought 5
Wow, you must be loaded. My bank only allowed me to take out a loan for 3.
Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
We’ve got far too much legacy infrastructure and far too little public investment to ditch the vast number of small, cheap, highly lucrative LNG electricity plants scattered through North America and Western Europe.
And with energy demand continuously outpacing supply in the near future, even the green power we do build will be absorbed by the electricity ravenous date centers we’re constructing.
Could LNG tankers be retrofit to move Hydrogen? I could see some potential there.
Me when I spread misinformation online!
“Get an LNG tanker. Bitches love an LNG tanker.”
Especially if you put some tanker nuts on the back where the trailer hitch is
big if true
Hi, is this product still available?
I have 20 cents for a down payment.
Dump terrifying greenhouse gas methane into the atmosphere at industrial levels, go into debt if you have to.
You basically just described the energy/economic strategy of most of the world’s countries…
I’m contributing valiantly to this cause with my farts
You can’t argue with that price. A new one will set you back 80-250 mil. Crazy that people are sleeping on opportunities like this
I have like 3K, if you come up with the other 19997000 we’re golden.
Sounds like a solid plan. Just send your 3k over and I’ll let you know they deliver our boat.
I’m $100k in the hole due to boomer parents telling me to get student loans for college since they blew all their money on stupid investment schemes, so can I give you an IOU or maybe like a hug or a handshake or something?
boomer parents … blew all their money on stupid investment schemes
Can I talk to your parents? I got a sure thing here.
How about we just do the hug thing and forget about the boat?
