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Super-Sized Risk Sets Sail

The worlds largest shipping company is adding to its fleet by having built 20 of the worlds largest shipseach with the ability to haul 18,000 containers. With that many containers making the trek aboard the same vessel, insurers will bear the brunt of a vast array lossesfrom potentially multiple clients.

By Chad Hemenway | Updated on January 13, 2012
Just how big is a ship capable of transporting 18,000 containers filled with everything from kitchen appliances to toys?

Well, try imagining a below-deck area large enough to comfortably house a basketball court, a football field and an ice hockey arena—each with thousands of cheering spectators. That’s big.

Now imagine the insurance risks associated with the voyages these mega-ships make—and both the amount and types of coverages involved with transporting enough containers to haul the equivalent of 111 million pairs of sneakers or nearly one billion bananas.

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