They spend a lot to decommission the ships and make them safe. It’s just cheaper to buy an old ship and clean it up than to buy a similar amount of other artificial reef materials.
Also, being ships in shallow water, it drives scuba diving tourists as well as creating new locations for recreational fishing.
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Also, shipbreaking is really dirty, dangerous, and expensive, typically being outsourced to some 3rd world country.
They spend a lot to decommission the ships and make them safe. It’s just cheaper to buy an old ship and clean it up than to buy a similar amount of other artificial reef materials.
Also, being ships in shallow water, it drives scuba diving tourists as well as creating new locations for recreational fishing.
They’re pretty big boons for the local towns.