<ul><li>The Morning Midas incident marks the fourth major EV vessel fire in 18 months, with a surge in fire incidents reported by maritime insurers in 2024.</li><li>IMO's new regulations starting in 2027 will require costly retrofits for vessels, potentially leading to 40% of current car carriers being sidelined.</li><li>Morning Midas, carrying 3,048 vehicles including electric and hybrid ones, was abandoned after a fire that started on a deck carrying electric vehicles.</li><li>This incident highlights a systemic crisis in the maritime industry, prompting regulatory changes by the International Maritime Organization.</li></ul>

Car Carrier Ship Fires

Discover more