Study finds US ports most at risk of losses

Six of the top ten ports at risk for highest losses are in the US, an analysis by catastrophe risk modelling company RMS has revealed.

The top ten ranking, which is based on a 500-year estimated catastrophe loss for earthquake, wind, and storm surge perils, showed that the riskiest two ports are Japan’s Nagoya, with an estimated marine cargo loss of US$2.3bn, and China’s Guangzhou (US$2bn).

The ranking also included two European ports – Germany’s Bremerhaven, at the fourth place with an US$1bn estimated cargo loss, and the French Le Havre, ranking last with US$0.7bn.