Carrying electric vehicles and lithium-ion batteries at sea and the fire risks


By Paul Crane, Penningtons Manches Cooper and Reema Shour, Hill Dickinson.


(This article was written when both worked at the now defunct Ince & Co.). 62 | ISSUE 110 | DEC 2024 | THE REPORT


In its Shipping and Safety Review 2023, Allianz Global Corporate & Specialty reported that the second top cause of loss of vessels in 2022 was fire or explosion. There were 209 ship fires reported during 2022, the highest in a decade and 17% more than in 2021. Of those fires, 13 occurred on car carriers. Fire was also reportedly the most expensive cause of marine insurance claims.


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