Another spate of containership fires has encouraged logistics insurance mutual TT Club to step up its Cargo Integrity campaign to try to end the problem that is costing the industry up to $500m annually.
This year already looks set to be an exceptional one, with fires on the 9,300-teu APL Vancouver (built 2013), 5,754-teu ER Kobe (built 2001), 56,642-gt Grande America (built 1997) and 7,250-teu Yantian Express (built 2002) putting the industry well ahead of its incident rate of one major boxship fire every 60 days.