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INTERCARGO Analyzes 10 Years of Bulk Carrier Casualties

The International Association of Dry Cargo Shipowners (INTERCARGO) has released a report into bulk carrier casualties from 2008 to 2017, providing an analysis of statistics and trends over the last ten years of bulk shipping.

According to the report, 53 bulk carriers over 10,000 dwt have been identified as total losses during the 2008 to 2017 time period, with cargo shift and liquefaction contributing to the greatest loss of life among seafarers in the bulk shipping trade.

In total, cargo failure, i.eliquefaction, has been blamed for nine vessel casualties from 2012 to 2015 resulting in the loss 101 lives. The nine casualties consisted of six bulk carriers carrying nickel ore from Indonesia, two vessels with laterite (clay) iron ore from India, and one with bauxite from Malaysia. The number of fatalities from cargo failure accounts for exactly half of 202 total lives lost among the 53 total losses recorded from 2008 to 2017, according to INTERCARGO.

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