Container ship fires pose a significant challenge in the maritime industry, leading to some of the most expensive marine insurance claims. The IMO is gearing up to address this critical issue, with the IMO’s Ship Systems and Equipment Subcommittee (SSE10) expected to convene in March, says an article published on Insurance Business mag.
- Container ship fires pose a significant challenge in the maritime industry, leading to some of the most expensive marine insurance claims.
- The proposal for container ships to feature more compartments to segregate cargoes could significantly prevent fire spread.
- lithium-ion batteries, which have contributed significantly to cargo fire incidents.
- Various innovative solutions, such as screening software for cargo details and penalties for inaccurate information, are being adopted by major shipping companies.
Tackling Marine Insurance’s Costliest Claims
The IMO’s Ship Systems and Equipment Subcommittee (SSE10) is set to address container ship fires, a significant concern for the industry due to their impact on marine insurance. The complex, multistakeholder process is expected to start in March, with the aim of finding effective solutions.
Shippers’ Role in Mitigating Fire Risks
Shipping industry stakeholders, including shippers, are urged to take greater responsibility in addressing cargo mis-declaration, a key contributor to container ship fires. Eliminating cost-based motivations for cargo mis-declaration is crucial in mitigating the risk.
Innovative Ship Design and Risk Management
New vessel designs may incorporate more compartments to segregate cargoes and isolate fires, preventing them from spreading throughout the entire vessel. Enhanced fire-fighting systems and advanced detection technology, such as thermal systems and container-installed smoke detectors, are among the proposed solutions to address fire risks at sea.
Managing Risks in EV Battery Shipments
Lithium-ion (Li-ion) batteries, prevalent in devices and electric vehicles, are a growing concern due to their involvement in cargo fire incidents. Stakeholders, along with marine consultants, are focusing on identifying risks, preventive measures, and recommendations to ensure the safe carriage of high-risk goods, including Li-ion batteries.
Towards a Global Approach
The industry recognizes the inadequacy of many ships to effectively manage fires while at sea. Preventive actions, early detection systems, and consistent regulations for reporting hazardous cargo are crucial for enhancing safety, transparency, and responsibility throughout the shipping sector. New technologies, including software for screening cargo details, are promising tools to address container ship fire risks.
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Source:Insurance Business mag
