Monday, July 21, 2025

"Effective Immediately": Shipping Line Suspends EV Cargo Due To Lithium Battery Fire Concerns

 U. S. Shipping Policy Changes

- Matson announced new policies halting electric vehicle (EV) shipments.

- Decision is due to fire risks from lithium-ion batteries.

- This follows the incident with the Morning Midas, which caught fire and sank in early June.

New Shipping Policy

- Matson suspended transport of both used and new EVs and plug-in hybrids.

- The policy took effect immediately, affecting routes across the U. S. , Hawaii, Alaska, and Guam.

- No timeframe given for resuming EV shipments; will resume once safety solutions are in place.

Safety Efforts

- Matson supports developing standards to address fire risks tied to lithium-ion batteries during maritime transport.

- Previous incidents include a 2023 fire involving a RoRo vessel with 3,000 vehicles.

Ongoing Services

- Matson continues to transport conventional cars and offers trans-ocean and interisland services in Hawaii.

Insurance Perspective

- Allianz emphasizes the need for improved safety protocols for shipments involving lithium-ion batteries, particularly with rising green technology production.

https://www.zerohedge.com/commodities/effective-immediately-shipping-line-suspends-ev-cargo-due-lithium-battery-fire-concerns

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