
Given the many difficulties in suppressing battery fires, particularly at sea, focusing on loss prevention measures is crucial, whether batteries are transported within EVs or as standalone cargo, according to a new risk bulletin published from marine insurer Allianz Global Corporate & Specialty (AGCS).
Captain Rahul Khanna, Global Head of Marine Risk Consulting at AGCS, said, “Shipping losses may have more than halved over the past decade but fires on board vessels remain among the biggest safety issues for the industry. The potential dangers that the transportation of lithium-ion batteries pose if they are not stored or handled correctly only add to these concerns, and we have already seen a number of incidents.” Continue reading “Lithium-ion batteries: Fire risks and loss prevention measures in shipping”