The
total insurance bill from the ONE Apus box spill this week is set to top $50m. More than 1,900 containers – including around
40 boxes containing dangerous goods – tumbled into the
Pacific Ocean on Monday as the Japanese boxship encountered a violent storm
cell en route to America.
The
Ocean Network Express (ONE) ship has now turned around and is headed to
the Japanese port of Kobe, set to arrive on Tuesday. Fortunately no crew were
injured during the storm and the heavy rolling of the magenta-coloured ship.
“Once
berthed, it’s expected to take some time to offload the dislodged containers
that remain on board. Then a thorough assessment will be made on the exact
number and type of containers that have been lost or damaged,” ONE said in its
latest update on the accident.
The
accident is the worst loss of boxes at sea since the MOL Comfort sank seven years ago. The annual average number of
containers lost at sea around the world for the years 2017 through 2019
numbered 779, according to the World Shipping Council, providing some
perspective on the scale of Monday’s accident.
At an average FOB value of $25,000 per box,
according to estimates from Singapore’s CTI Consultancy, the cargo claims are
set to be in the region of $47.5m, while other items such as off hire and
repairs will ensure the insurance bill tops $50m. The ship is insured by the
Japan P&I Club with its cargo insurance also coming from a Tokyo-based
insurer.
The
US Coast Guard yesterday issued a warning to Hawaii mariners as a
precautionary measure to ensure vigilance when far out to sea.
A
sistership, ONE Aquila, suffered a
similar accident on October 30 this year, also
while en route to Long Beach. The ship lost around 100 containers and diverted to
Tacoma and had a few days of repairs before rejoining ONE’s network on November
11. Both the ONE Aquila and ONE Apus were built at Japan Marine United’s Kure shipyard.
In
March last year, another ONE vessel, the 8,614 teu Helsinki Bridge, also lost a
number of containers overboard while heading from Boston to Wilmington in the
US.
Source
: Splash 24/7.
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