'Time Aut' Owner Seeks Insurance Payout for Abandoned Ship

Wait a Minute, Skipper, Legal Experts Say

This is Time Aut. She may still be floating in the North Atlantic Ocean, slow drifting toward the British Isles.

Skipper Thomas Hackspiel said he was in regular contact with the U.S. Coast Guard beginning on December 10 when the agency issued a storm warning for Atlantic waters off the Carolinas. By then, Hackspiel’s Time Aut, a 2005 Beneteau Oceanis 523…