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4/22/2010
Brian Beckcom
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Will Transocean rig explosion be most expensive marine casualty ever?

The Exxon Valdez disaster in Alaska was likely the largest ever marine casualty claim.

The Transocean Deepwater Horizon explosion and sinking may not surpass the Valdez disaster.  However, the Transocean Deepwater Horizon explosion and sinking may turn out to be one of the largest marine disasters in history.

According to reports, the Deepwater Horizon cost $350,000,000.00 to build but replacement costs today could double that amount.

The environmental clean-up and rescue costs are likely to be massive.  And legal claims from members of the crew and their families could also be massive.



Category: BP Oil Spill Injury Claims


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