Losing More than 1800 Containers, The Most Epic Large Container Ship Disaster Costs $ Billions

Set sail with us as we navigate through the stormy seas and explore the Top 5 Most Expensive Container Ship Disasters in History. From hazardous materials lost at sea to colossal insurance claims, these tales are bound to leave you in awe.

ONE Apus (2020): This Japanese-flagged ship faced 15-meter waves, leading to a whopping $200 million loss when nearly 2,000 containers were swept overboard, 64 of which were carrying hazardous materials.

MSC Napoli (2017): Battling winds of 115 km/h, this British vessel suffered severe hull damage. The salvage operation, which involved exploding the ship into pieces, cost the UK government £120 million.

MOL Comfort (2013): A victim of extreme weather, MOL Comfort cracked and split in two. The sinking resulted in an astronomical $400 million loss, making it the most expensive disaster in shipping history.

Rena (2011): Striking a reef off New Zealand, Rena spilled 200 tons of fuel and lost 1,300 containers. A salvage operation costing $700 million, Rena is New Zealand’s worst maritime disaster.

Ever Given (2021): This mega-ship blocked the Suez Canal, holding up $9.6 billion in trade per day. A critical artery for global trade, the Suez Canal had never seen an incident like this in its 150-year history.

Join us in the deep dive into these harrowing tales of the sea. Discover how weather, human error, and ship conditions can turn a voyage into a nightmare. These stories serve as a reminder of the importance of safety, reliability, and risk management in maritime shipping.

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[Nauctis]

Sorry, we had to blur out some footage due to copyright issues. We hope you guys can still enjoy our video.
Love you all! ❤

[gmccord]

So basically, it comes down to this if the captain veered off course and didn’t maintain a tight schedule, he would’ve been ridiculed and fired. But if he maintains course, and the ship gets damaged and loss of cargo due to the storm, he would get ridiculed and fired. Got it.

[RodinThink]

Notice they never arrest the senior executives of the company who are the ones that set the tight deadlines and maximize their greed for more and more money

[maryphelps]

Executives never seem to be held accountable. In Any Business, Shipping, Insurance, Banking, etc. . Always scapegoats jailed.

[gust]

Wow, I wonder why this is never on any mainstream media’s 🤔

[guntherultraboltnovacrunch]

TEU stands for "twenty-foot equivalent unit". It's a standard size for a shipping container. A TEU is 20 feet long, 8 feet wide, and 8 feet tall. It's the most common type of container used on cargo ships

[vanrex]

I will never understand how companies dealing with hundreds of millions of Dollar worth equipment think it’s a good idea to cheap out on the crew that is trusted with the whole thing…

[Novastar.SaberCombat]

It's literally incredible how easily and quickly billions of dollars and gear can be eradicated in only minutes.

[Shanghaimagic]

If you are 1600nm NW of Hawaii there is no way you’d travel East to get to Kobe (which is West from the position) unless you travel all the way around the World to get there.

[kloisle]

I did not think about the fact that some had hazardous materials contained. Humans, perfect

[alexpervanoglu]

I used to live near Sidmouth and spent the summer photographing the Napoli. I have photographs of the explosion used to separate the hull. And witnessed the containers that washed up on the beaches there, mostly at Branscombe.
Myself and a friend walked the beach in really bad weather. We had my jack russel with us. We stopped and sheltered behind a container of white goods to make hot chocolate and feed the dog. We had left her food several miles away in the car. We nosed about the containers and guess what, one was full of dog food, so little Charlie got her dinner after all.
We got to Branscombe and watched as people pillaged whatever they could, from baby products to motorbikes.
Sadly when we got back to the donkey sanctuary where we had parked my car, all the windows were smashed as it had also been robbed.
Anyway we drove home and got it fixed via the insurance.
As if there wasn't enough to steal on the beaches, selfish i say.

[zaneleposh]

...and these containers end up in the ocean, the oil spill, poor marine life 😢💔

[datsuntoyy]

Insurance companies should not be allowed to file lawsuits against the manufacturers. They should check the ships construction and safety before insuring. Once Insurance is covered, they have basically stated they are good with what they are covering.

[jasestegall]

If the lost containers were below decks, how could they be lost at sea unless the ship had sunk?

[martinjackson]

It’s so crazy how they can afford the clean to over load the ship but can’t afford to build another ship and not over load it.. They don’t care about the lost stuff or the pollution they have caused

[mandlasithole]

Very informative and educational, on risk management involved. Thank you.

[Rko]

Insurance companies complaining about having to pay out insurance 😂 shocker

[tiggywinkle]

One Apus's Captain when told of a storm ahead - "More speed !"
Titanic's Captain Smith when warned of the icefield ahead - "More steam !"

Ambition, hubris, 'targets' - some things never change.

[geronimo]

Imagine having a stability system based on the integrity of assorted containers from around the world all with varying degrees of decay and weakness. Its more amazing this sort of accident does not occur more often. As any container can be a weak link in the chain of strength holding it all together.

[downtoearthangel]

If you watch the move "Shuttle" it will really creep you about what else is on board in those containers!