Mega-ships bring mega-risks, former ship captains tell TPM
LONG BEACH, California — Shipping lines may appreciate cost savings from so-called mega-ships, but for those who sail them, bigger ships can mean bigger risks.
“With a 19,000-TEU vessel, we’re looking at a potential $1 billion loss, if a ship is lost 80 percent laden,” Captain Andrew Kinsey, senior marine risk…
Mega-ships bring mega-risks, former ship captains tell TPM
International Freight