Hapag-Lloyd and ONE warn most cargo lost on fire-hit Espirito Santo Express

· Shipping

Hapag-Lloyd and Ocean Network Express (ONE) are warning customers that most of the cargo aboard the fire-damaged containership Espirito Santo Express is likely severely damaged or a total loss. The two carriers are the lines communicating directly with shippers whose containers were on the vessel, which suffered a massive fire. The notice sets up a large claims process for cargo owners and their insurers, and highlights the recurring risk of container fires on large boxships, where concentrated stowage and hazardous goods can turn a single incident into a total loss for hundreds of consignments.

Why it matters:Container fires can wipe out entire consignments and trigger major insurance claims, a persistent structural risk for carriers, shippers and marine underwriters.

Key points

  • Hapag-Lloyd and ONE are informing affected customers directly
  • Most cargo aboard is expected to be severely damaged or a total loss

Sources (original reporting)

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