The World Shipping Council’s 2026 Containers Lost at Sea report estimates that 1,478 containers were lost at sea in 2025, compared with 576 in 2024.
For businesses importing or exporting goods, the findings are a reminder to check how their cargo is protected before it begins its journey.
What does the report show?
Approximately 280 million containers were transported globally in 2025, with losses representing around 0.0005% of that total. Container losses therefore remain rare, despite the increase.
The annual figure was heavily influenced by a small number of significant incidents. One major vessel loss accounted for 640 containers, approximately 43% of the total. The report also identifies challenging weather, ocean conditions and fire-related incidents as contributors.
These figures describe losses during 2025, rather than losses so far in 2026.
Why carrier liability may not be enough
It can be easy to assume that, if goods are lost or damaged, the carrier or freight forwarder will reimburse their full value. However, liability and cargo insurance are different.
Compensation depends on the circumstances of the loss and the applicable transport rules and contractual terms. Liability can be limited, and in some circumstances a carrier or forwarder may have no liability for the loss.
This means the amount recoverable may fall short of the value of the goods. Booking a shipment should not be taken as confirmation that separate cargo insurance has been arranged.
How cargo insurance can help
Suitable cargo insurance can provide financial protection against covered physical loss or damage during transit, based on the agreed insured value and policy terms.
The scope of cover matters. Businesses should confirm that their goods, route and relevant stages of the journey are included, and understand any exclusions, excesses and conditions.
Even a policy described as “all risks” has exclusions and restrictions. It should not be assumed to cover every event or every cost arising from disruption.
General Average can affect undamaged cargo too
Following certain emergencies at sea, General Average may be declared. This involves sharing qualifying sacrifices or extraordinary expenses incurred to preserve the ship and cargo from a common danger.
Cargo owners whose goods are saved may be required to contribute, even if their own shipment is undamaged. A guarantee or cash deposit may also be required before cargo is released.
Marine cargo policies commonly include General Average cover, subject to their terms. Confirming this in advance can help businesses understand their potential exposure.
Check your cover before shipping
Before dispatch, establish who is responsible for arranging insurance under the sale agreement and confirm whether suitable cover is already in place. Check the insured value, the journey covered and any conditions relevant to your goods.
If you need insurance arranged through your freight forwarder, request it and obtain written confirmation of cover before the shipment starts.
Beckchoice can assist with arranging marine cargo insurance. To discuss cover for your next shipment, contact our team.
This article provides general information, not individual insurance advice. Cover and claims are subject to the insurer’s policy wording, conditions, exclusions and excesses.