TABLE 1 - Percentage of Accident Cases with Total Ship Loss for Different Types of Accidents

TABLE 1 - Percentage of Accident Cases with Total Ship Loss for Different Types of Accidents

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Accident type Description Percentage of accident cases with total ship loss
Grounding Touching of the sea bottom or underwater wrecks for a significant period of time 9.50%
Contact Striking an external surface substance (not another ship) such as drilling rigs or platforms, etc. 2.60%
Collision Striking another ship, regardless of whether underway, anchored, or moored 7.40%
Fire/explosion Fire or explosion, regardless of the cause 14.20%
Hull/machinery damage Any case of hull/machinery damage or failure 6.40%