Damaged bulker Ruby can finally unload volatile cargo, at UK's Gt Yarmouth port
Malta-flagged MV Ruby, the crippled bulk carrier with 20,000 tonnes of Russian ammonium nitrate aboard, has ...
FDX: DOWNGRADEZIM: BEST PERFORMER WTC: INVESTOR DAY AAPL: LEGAL RISKTSLA: UPGRADEXOM: DIVESTMENT TALKAMZN: HOT PROPERTYGM: ASSET SALEHLAG: PROTECTING PROFITSVW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMING
FDX: DOWNGRADEZIM: BEST PERFORMER WTC: INVESTOR DAY AAPL: LEGAL RISKTSLA: UPGRADEXOM: DIVESTMENT TALKAMZN: HOT PROPERTYGM: ASSET SALEHLAG: PROTECTING PROFITSVW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMING
So just what are the risks of losing your cargo due to a container being lost overboard on the high seas? According to the latest research from the World Shipping Council (WSC), it is substantially fewer than the “urban myths” that often accompany the subject –10,000 a year is a figure sometimes quoted. However, although the WSC has found that losses have been on the increase in recent years, the figures have been partly inflated by the catastrophic MOL Comfort loss, where over 4,000 boxes were lost in a single incident, and the grounding of the MSC Rena.
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