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- The giant cargo ship has $334.5 million in burning cars on board, consulting firm Anderson Economic Group (AEG) estimated in a new report. The salvage cost alone is estimated to be $150 million – bringing the total loss for the ship to half a billion dollars, the group estimates. - Source: Internet
- Cabeças told Reuters over the weekend that the fire was being kept alive by the lithium-ion batteries of the electric cars on board, with flames edging closer and closer to the fuel tanks of the ship. A main concern of the Portuguese navy has been the potential environmental impact of the fire. Pollution is a high risk with the large amount of fuel and car batteries present. - Source: Internet
- “Looking at the entire cargo, assuming that three-fourths of the vehicles are a total loss, and averaging the wholesale value at a lower amount (to account for the VWs plus some Bentleys and a lot of Audis), suggests this involves about $376,675,000 worth of cargo. Probably three-fourths of that, or $282,506,250 is a total loss, if the ship is indeed still burning as of now (as is reported and for which we have video evidence.) - Source: Internet
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