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The recent sinking of a vessel carrying some 3,000 cars, including only about 70 electric vehicles, served as a case study. Marrick noted that if the vessel had been fully loaded with EVs, the fire and eventual sinking could have been far more catastrophic. This is not an isolated incident; another similar ship fire occurred recently, underscoring the growing risks associated with transporting electric vehicles by sea. Shipping companies are increasingly hesitant to carry EVs, given sky-high insurance premiums and safety concerns.