Page 6 - INTERCARGO - Bulk Carrier Casualty Report 2025
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INTRODUCTION








        INTERCARGO’s annual Bulk Carrier Casualty  Following the ceasefire declaration of 19 January
        Report examines the safety performance of bulk  2025, INTERCARGO expresses hope for the
        carriers over a rolling 10-year period in order to  restoration of maritime security in the Red Sea
        identify risks and improve safety for seafarers  and Gulf of Aden regions, ensuring safe passage
        and vessel operations. The new edition of the  for civilian vessels both regionally and globally.
        Bulk Carrier Casualty Report (2025) reveals
        that between 2015 and 2024, 20 bulk carriers  Statistics analysis
        of more than 10,000 deadweight tonnes (dwt),  Initial analysis of the statistics in the 2025 Report
        (excluding the loss of three bulk carriers in the  reveals some potential safety gaps, such as:
                                                                                         1
        Red Sea), were reported lost, with the tragic loss      •  Cargo liquefaction  remains the greatest
        of 89 seafarers’ lives in the Red Sea.                      contributor to loss of life, accounting for
                                                                    55 lives or 61.8% of the total loss of life in
        The Red Sea is a critical chokepoint for global             the period.
        trade, particularly for bulk commodities like           •  Groundings remain the greatest cause of
        grain, coal, and iron ore. Disruptions can have             ship losses, with nine losses or 45.0% of
        ripple effects on global supply chains.                     the total number of bulk carrier casualties.
                                                                •  Cargo shift (not liquefaction) sank two
        There were three bulk carrier total loss casual-            bulk carriers and cost 12 lives - a concern-
        ties, namely Rubymar, True Confidence and                   ing 13.5% of the total number of lives lost.
        Tutor, in the Red Sea as a direct consequence of
        missile, drone and drone boat attacks during the
        period, causing the loss of four seafarers’ lives.


        INTERCARGO strongly condemns all attacks on
        bulk carriers in the Red Sea and Gulf of Aden
        (GOA) regions which directly contravene the
        fundamental principle of freedom of navigation
        while expressing deep concern over the tragic
        loss of life and injuries suffered by the crews
        of merchant ships in over 100 attacks in the
        regions in 2024.


        The loss of life and injuries to civilian seafarers
        is completely unacceptable. Merchant vessels
        crewed by civilian seafarers in the service of glob-
        al trade should have the right to innocent passage
        through the region without the threat of attack.


        The significant safety concerns led to difficulties
        in recruiting seagoing personnel, impacting bulk
        carriers operating in these regions.

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