Shipping container fires may occur on a weekly basis, with statistics indicating that there is a major container cargo fire at sea roughly every 60 days, according to international transport and logistics industry provider of insurance and related risk management services, TT Club.
“There have been several well-publicised ship-board explosion and fire incidents involving laden containers over the past few years. As the size of container ships has increased, so has the potential risk and consequence of a large explosion or fire incident,” said Peregrine Storrs-Fox, risk management director, TT Club.
“Much effort is under way internationally to prevent such incidents. This ranges from looking more closely at all elements of the cargo shipping process as well as seeking to strengthen shipboard processes,” he added
