Scared Silly
Contributor
I would suggest that you step back from whatever point you are trying to make. There were not 17 American losses. As I noted 5 were purposely sunk. Yes, those vessels sunk but they were sunk on purposes. So there was no loss.In fact, you are correct.
I didn't do the correct math first look.
There are 17 American losses out of 174 which is almost 10% boats globally. And only 2 from Egypt counting for almost only 1.1% of global "reported" boat loss in 2024.
If I were a vessel operator in Egypt I would be looking at what sets my vessel(s) apart from the others. Right now design and operational safety are the subject at hand. Where are most of customers based? UK, EU, and USA, CA. As such, I would be looking at the design and operational safety standards that are in place in those countries (US Coast Guard) rather continue to defend the local standards.
As a business person I would be looking at what investments are needed to meet those design and operational safety standards. By making those investments, which may cost very little becomes a huge advertising boom. Good luck.