Total loss ratios of tanker tonnage are on the increase. Fires & explosions in cargo tanks account for the highest amount of tonnage lost for any single casualty. Human factors appear to be the dominant cause of strandings, collisions, and fire in the cargo tanks. Tankers over ten years of age are more likely to become total losses from all types of casualties, other than strandings, collisions, and fire in the cargo tanks. This suggests that the condition of the vessel as it gets older makes it more susceptible to becoming a total loss in the event of a casualty. Investigative reports, by competent bodies, of tankers that are total losses, if made available, would alert owners and operators to use extra caution to avoid a similar casualty.

  • Corporate Authors:

    Tanker Advisory Center

    315 West 70th Street
    New York, NY  United States  10023
  • Authors:
  • Publication Date: 1974-10

Media Info

  • Pagination: 11 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00080036
  • Record Type: Publication
  • Source Agency: Tanker Advisory Center
  • Files: TRIS
  • Created Date: Jan 16 1975 12:00AM