• bitcoinBitcoin(BTC)$84,323.000.63%
  • ethereumEthereum(ETH)$2,686.680.58%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$775.440.70%
  • rippleXRP(XRP)$1.543.56%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$117.152.55%
  • tronTRON(TRX)$0.338412-0.82%
  • zcashZcash(ZEC)$1,584.904.55%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.75%
  • HyperliquidHyperliquid(HYPE)$93.551.69%
  • dogecoinDogecoin(DOGE)$0.0960182.80%
  • moneroMonero(XMR)$571.711.99%
  • chainlinkChainlink(LINK)$13.7211.53%
  • whitebitWhiteBIT Coin(WBT)$84.050.11%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.2516525.38%
  • RainRain(RAIN)$0.011896-1.73%
  • leo-tokenLEO Token(LEO)$8.81-1.45%
  • stellarStellar(XLM)$0.2187318.65%
  • bitcoin-cashBitcoin Cash(BCH)$334.850.70%
  • nearNEAR Protocol(NEAR)$4.629.25%
  • uniswapUniswap(UNI)$9.220.77%
  • litecoinLitecoin(LTC)$70.873.99%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • CantonCanton(CC)$0.1183608.46%
  • daiDai(DAI)$1.000.02%
  • avalanche-2Avalanche(AVAX)$10.331.68%
  • USD1USD1(USD1)$1.000.00%
  • suiSui(SUI)$1.037.31%
  • hedera-hashgraphHedera(HBAR)$0.0927452.60%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.420.42%
  • BittensorBittensor(TAO)$303.346.07%
  • shiba-inuShiba Inu(SHIB)$0.0000062.48%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.0647725.10%
  • BitwayBitway(BTW)$1.065.08%
  • OndoOndo(ONDO)$0.5631.01%
  • MemeCoreMemeCore(M)$1.21-2.96%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • tether-goldTether Gold(XAUT)$4,281.890.32%
  • okbOKB(OKB)$119.910.33%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.19%
  • EthenaEthena(ENA)$0.2227659.42%
  • mantleMantle(MNT)$0.68-2.51%
  • aaveAave(AAVE)$145.055.18%
  • MorphoMorpho(MORPHO)$2.896.97%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Ship transporting thousands of cars sinks in Pacific after fire

June 24, 2025
in Business
Reading Time: 5 mins read
A A
Ship transporting thousands of cars sinks in Pacific after fire
ShareShareShareShareShare

A ship holding thousands of cars sank in the Pacific Ocean on Monday, weeks after a fire broke out on a deck that was holding electric vehicles – stoking industry concerns around transporting highly flammable batteries.

The 600-foot-long Morning Midas had been adrift at sea since June 3, when flames broke out and the crew was forced to abandon ship.

YOU MAY ALSO LIKE

Cookie shop Zooies draws devoted fans to a SoCal gas station

New NorCal Sam’s Club opens in Lathrop, taking aim at Costco

The ship was carrying 3,000 cars, including 800 EVs, when it sank in international waters approximately three miles deep, according to the ship’s owner, London-based Zodiac Maritime.


The Morning Midas vessel had been adrift at sea since June 3, when a fire broke out. AP

It had been weakened by fire damage and intense weather, the company said.

“As a precaution, two salvage tugs containing pollution control equipment remain on site to monitor for any signs of pollution or debris. Their crews are safe,” Zodiac Maritime told The Post in a statement.

“A specialized pollution response vessel is also en-route to the location as an additional precaution.”

The company said it is working with the US Coast Guard and Resolve Marine, which specializes in marine emergency response. The Coast Guard and Resolve Marine did not immediately respond to The Post’s requests for comment.

Most of the vehicles on board the vessel were made in China and headed toward Mexico.

The sinking raises concerns about the dangers of the highly flammable lithium-ion batteries typically used in electric vehicles.


A burning cargo ship adrift off the coast of Alaska.
The ship had been weakened by fire damage and intense weather when it sank. USCoast Guard.

Just two weeks ago, Waymo was forced to suspend service of its driverless EVs in downtown Los Angeles after anti-ICE protesters set five of its vehicles ablaze. 

Police officers warned residents to steer clear of the melted metal heaps, since the batteries can release toxic fumes, like hydrogen fluoride, when set on fire.

In 2022, a 60,000-ton cargo ship called the Felicity Ace carrying thousands of luxury cars sank in the Atlantic Ocean after a fire on board burned for nearly a week.

Experts hired to salvage the ship said the large amount of lithium batteries likely caused the fire to spread and stay ablaze for longer.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Cookie shop Zooies draws devoted fans to a SoCal gas station
Business

Cookie shop Zooies draws devoted fans to a SoCal gas station

September 24, 2026
New NorCal Sam’s Club opens in Lathrop, taking aim at Costco
Business

New NorCal Sam’s Club opens in Lathrop, taking aim at Costco

September 24, 2026
Angry rich Miami residents fight Ken Griffin’s plan for new helipad, though he says it will be really quiet
Business

Angry rich Miami residents fight Ken Griffin’s plan for new helipad, though he says it will be really quiet

September 24, 2026
Iconic California steakhouse chain closes another store, only 2 remain
Business

Iconic California steakhouse chain closes another store, only 2 remain

September 24, 2026
Next Post
CEO reveals secrets to his success going from janitor to head of behemoth Northwell Health

CEO reveals secrets to his success going from janitor to head of behemoth Northwell Health

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
How To Choose The Right USB To USB-C Adapter

How To Choose The Right USB To USB-C Adapter

September 21, 2026
I stripped down for a 9 health scan — was it worth it?

I stripped down for a $499 health scan — was it worth it?

September 24, 2026
EWJV: Inflation Can Drive Dividends

EWJV: Inflation Can Drive Dividends

September 19, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!