Page 14 - INTERCARGO - Bulk Carrier Casualty Report 2023

Analysis of total losses

from 2013 to 2022

 26 bulk carriers over 10,000 dwt have been identified as
lost, an average of 2.6 per year

 104 crew members lost their lives as consequence, or on
average ten fatalities per year
 The average age of the bulk carriers lost was 18.3 years

 Vessels amounting to 2.12 million dwt in total have been
lost, an average 211,923 dwt per year

Losses by cause

Reported cause Losses of life Losses of ships Likely root cause Losses of ships
Cargo liquefaction 70 5 Cargo liquefaction 5
Cargo shift 0 1 Unknown 1
Human element 1
Fire/explosion 0 2
Unknown 1
Structural 1
Flooding 22 3
Unknown 2
Human element 9
Grounding 0 12 Weather 1
Navigation 2
Collision 0 1 Unknown 1
Machinery failure 1
Weather 12 2
Unknown 1
TOTAL 104 26 26

• Cargo liquefaction remains the greatest contributor to loss
of life, accounting for 70 lives or 67.3% of the total loss of life in
the past ten years.

• Groundings remain the greatest cause of ship losses, with 12
losses or 46.2% of the total.
• Three casualties (11.5% of the total) were a result of flooding and
these cost 22 lives - a significant 21.2% of the total number of
lives lost.

• The average life loss per ship casualty was 4.00 during the
ten-year period between 2013 and 2022 and 3.41 between
2012 and 2021. This compares to 3.56 during 2011 and 2020.

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