The Logistician
  • Tiếng ViệtTiếng Việt
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Login
  • Register
No Result
View All Result
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Tiếng ViệtTiếng Việt
  • Login
  • Register
No Result
View All Result
The Logistician
No Result
View All Result

Insurance claims from ONE Apus box spill set to top $50m

Dandelion by Dandelion
05/12/2020
in Blog
Insurance claims from ONE Apus box spill set to top $50m

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 247

Related Posts

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

01/07/2022
0
Private: TP Hồ Chí Minh xem xét chuyển đổi mục đích sử dụng một số khu công nghiệp sang logistics

Ho Chi Minh City considers converting some industrial parks into logistics

29/06/2022
0
Image: Thu Trang

DB Schenker’s agreement to acquire USA Truck

28/06/2022
0
Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

22/06/2022
0
FedEx invests in FourKites to build intelligent supply chain platform

FedEx invests in FourKites to build intelligent supply chain platform

22/06/2022
0
LG Electronics “shake hand” with CJ Logistics to develop logistics robots

LG Electronics “shake hand” with CJ Logistics to develop logistics robots

19/06/2022
0

ĐỀ XUẤT NÊN ĐỌC

Công ty dược phẩm CVS hợp tác với Nuro để thí nghiệm giao hàng tự động

CVS Pharmacy partners with Nuro on autonomous last-mile delivery pilot

3 years ago
0
EU-trade

EU plan on trade remedies faces skepticism

1 year ago
0
Hai bài học rút ra từ sự cố của con tàu ONE Apus

Two commendable aspects arising from the ONE Apus box collapse

2 years ago
0
Celebrating the 66th Anniversary of Dien Bien Phu victory (May 7, 1954 – May 7, 2020): Vietnam’s great “logistics campaign”

Celebrating the 66th Anniversary of Dien Bien Phu victory (May 7, 1954 – May 7, 2020): Vietnam’s great “logistics campaign”

3 years ago
0
ADVERTISEMENT

THẺ NỔI BẬT

ACQUISITIONaircraftairlinesamazonamericaAppleblockchainBoeingchinaCMA CGMcontainerContainer shortageCovid-19covid19crisisDHLe-commerceEVFTAexportfedexgoodsinfrastructureInvestmentLNGlogisticsLogistics centerM&Amaerskportport congestionRAILWAYRussiaRussia-Ukraineseasupply chainSupply chain disruptiontechnologyThai AirwaysthailandtransportusvietnamVietnam AirlineswalmartWarehouse
ADVERTISEMENT

TIN TỨC PHỔ BIẾN

  • Uniqlo Supply Chain Management

    Uniqlo Supply Chain Management

    0 shares
    Share 0 Tweet 0
  • Certificates that advance your career in Logistics and supply chain management

    0 shares
    Share 0 Tweet 0
  • Cross-docking: The key to Walmart’s great success

    0 shares
    Share 0 Tweet 0
  • How Aviation Fuel Differs From Regular Fuel

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube RSS
The Logistician

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

  • Login
  • Sign Up
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
  • Tiếng ViệtTiếng Việt

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

-
00:00
00:00

Danh sách

Update Required Flash plugin
-
00:00
00:00