In a recent edition of Britannia Risk Watch, published by the Britannia P&I Club, safely transporting Lithium-ion batteries in the shipping industry is just one of a number of important topics under the microscope.
Lithium-ion batteries have gained significant attention in recent years due to their pivotal role in the global shift towards sustainability, as well as their association with certain fire risks relating to thermal runaway, self-ignition, and the risk of an explosive and toxic atmosphere.
According to Jacob Damgaard, Divisional Director, Loss Prevention Singapore, the energy storage unit typically comprises a box or Continue reading “Britannia Risk Watch publication tackles lithium-ion guidance”
A new initiative was rolled out and launched in September by Chubb. A new Lloyd’s of London consortium has been created (which Chubb will lead) that is designed to provide insurance coverage for risks associated with the transit and storage of lithium batteries.
Devastating consequences of rapidly spreading, and often challenging to extinguish fires involving the lithium-ion batteries particularly in electric vehicles (EV) on board ships, and other parts of the supply chain have been well-documented in recent months. There is however far less awareness of the highly toxic combustion products that are released and their respective impact to the health and wellbeing of those exposed to the gases.
There are growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and ro-ros with the assertion that many of these fires are attributable to electric vehicles. In response, the International Union of Marine Insurance (
In a bid to bolster the safety of maritime transportation of electric vehicles (EV) at a time of major concern for the shipping industry, ClassNK has unveiled a set of new guidelines and measures.
Allianz has highlighted that battery fires on vessels remain one of the biggest safety issues facing the shipping industry. There have been a number of serious fire incidents in recent years where Lithium-ion (Li-ion) batteries have been reported as the source of, or contributing to fires on vessels. Allianz experts Capt. Rahul Khanna, Captain Randy Lund and Captain Anastasios Leonburg, share their thoughts on how electric vessels may impact safety onboard.
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued this safety advisory notice to inform the public and raise awareness of the risks involved in the transportation of electric vehicles (EVs) powered by installed lithium batteries that may have been damaged due to submersion in waters during extreme weather events. When transported in commerce, EVs containing these damaged batteries may present particularly significant hazards to the public, including property damage, injury, and even death. Our intention with this notice is to prevent those things from happening. 
At the heart of efforts to draw attention to the hazards inherent in transporting lithium-ion batteries, specialist freight insurer