Hello Ted,
I feel a heavy responsibility to explain this right and without possibility of misunderstanding ! Wouldn't want to be responsible for your weight dropping into the North sea and even less for denting a hole in a ship or whatever underneath

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Doing calculations on the static situation is the first stage: you assume load forces are only due to gravity, not to acceleration (i.e. you lift very slowly and smoothly ... ahem..)
And you make use of Newton's law: the load hangs still if the sum of forces on the thing is zero ##\sum\vec F = 0 ##
Therefore you make a so-called
free body diagram (or
here) of the forces on the load.
Forces in your example are gravity and two sling tensions. Forces are vectors, hence the appearance of these sines and cosines. Vectors have components and the easiest is to look at horizontal and vertical components. Since gravity is vertical, the only horizontal components are from the two sling tensions. So if the sum of horizontal forces has to be zero, these two slings have to pull equally hard in opposite directions in the horizontal plane. In words: red 1 = red 2. In your picture:
And in a formula : $$ \begin {equation} T_1 \cos(44^\circ) = T_2 \cos (56^\circ) \label {eq:F_hor} \end {equation} $$
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In the vertical direction the two slings pull upwards and gravity pulls down. Together the two slings' vertical components have to compensate the weight. In words: blue 1 + blue 2 = 1000 kg * g. In your picture:
and in a formula: $$ \begin {equation} T_1 \sin(44^\circ) + T_2 \sin (56^\circ) = 1000 {\rm \ kg\;} \times g\label {eq:F_vert} \end {equation} $$
[edit] sorry, pressed post reply too quickly. Will continue later.