refloat
Lift grounded vessel
To refloat is to restore buoyancy to something that has sunk or run aground: Salvage crews worked to refloat the capsized ferry.
The term extends figuratively to reviving struggling enterprises: The government loan helped refloat the failing bank.
Refloating a vessel may involve pumping out water, lightening cargo, or waiting for a favorable tide.
Recovering damaged goods
- drydockDrained basin for hull work
- shipyardVessel construction site
- tugboatSmall craft that pulls ships
- hullOuter covering or frame
keel · ballast · bilge · dockyard · seaworthy · shipwright · harbormaster · grounding
Emergency aid preventing bankruptcy
- restructuringRearranging an existing framework
- debtMoney owed another
- equityImpartial treatment or ownership value
- liquidityConvertibility to cash
solvency · recapitalization · bankruptcy · creditors · insolvency · receivership · turnaround · rescue
salvage
Recovering damaged goods
- drydockDrained basin for hull work
- shipyardVessel construction site
- tugboatSmall craft that pulls ships
hull · keel · ballast · bilge · dockyard · seaworthy · shipwright · harbormaster · grounding · stranded
bailout
Emergency aid preventing bankruptcy
- restructuringRearranging an existing framework
- debtMoney owed another
- equityImpartial treatment or ownership value
liquidity · solvency · recapitalization · bankruptcy · creditors · insolvency · receivership · turnaround · rescue · revival
salvage
Recovering damaged goods
- coastguardSeafaring emergency responders
- lifeboatEmergency vessel for survivors
- distressSevere anxiety or suffering
SOS · emergency · retrieval · recovery · stranded · tow · aid · assistance · survival · mayday