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Tuesday, February 7, 2012

The Worlds Ten Costly Accident

The Worlds Ten Costly Accident


10) Titanic (150 million $)

Sink of the Titanic ship is the world’s most discussed accident. In 15 April 1912 Titanic sink in the ocean with a huge push in Big Iceberg.1500 hundred people got die in cold water.7 million dollars expense to built it, which present value is 150 million dollars.
9)Tanker truck vs Bridge $358 Million

In 26 august 2004 clashed happened between A car and a Tanker(with 32000 litter fuel) on the Wiehltal Bridge in Germany. Tanker broke the riling of the bridge and fall below 40 foot  under and got fire for heavy blast. As a result it lost its capacity to carry on. Repairs are estimated at € 32 million and replacement could cost up to € 250 million, with the cost for disposing of the waste. It was the most expensive accident in the history of the Federal Republic of Germany. The Bridge was 30.25 miter wide, 705 miter long and has a bridge surface of 21,326 m².
8)Metrolink crash ($500 million)
Metrolink crashed is the most Dangerous Accident in California History.25 people got die in this accident. It happened On January 26, 2005, at 6:03 a.m. The Loss amount of the accident was 500 million dollars.

7)B-2 Bomber Crash ($1.4 Billion)
On 23 February 2008, a B-2 crashed on the runway shortly after takeoff from Andersen Air Force Base in Guam. Investigators blamed distorted data in the flight control computers caused by moisture in the system. Only 21 B2b bomber were created and it was largest one of  them. It’s the most expensive aviation's crash. but luckily the 2 pilot survived.
6) Exxon Valdez ($2.5 Billion)
The Exxon Valdez oil spill occurred in Prince William Sound, Alaska, on March 24, 1989, In 2004, a federal judge in Alaska ordered Exxon to pay $4.5bn (£2.5bn) in damages for the Valdez oil spill, the largest in US history. On March 24, 1989, 10.8 million gallons of oil was spilled when the ship's master, Joseph Hazelwood, left the controls and the ship crashed into a Reef. The cleanup cost Exxon $2.5 billion.

#5. Piper Alpha Oil Rig ($3.4 Billion)

It was the The worlds most Dangerous oil disaster. Once it was the largest Oil producing rig. Every day near about 3,17,000 barrel. In 6th July as a part of routine maintenance technician opened 100 safety lamp. When they replant the lamps, unfortunately they forget to replant one lamp. Once in a night a technician press start button to compress liquid gas then the accident happened. within two hours the whole 300 foot platform burnt.167 worker got die and the amount of loss stands 3.4 Billion.

4)Challenger Explosion ($5.5 Billion)

It’s a space accident. In 28 January 1986 Space shuttle Challenger destroy after 73 second when takeoff ,due to a faulty O-ring. It failed to seal one of the joints, allowing pressurized gas to reach the outside. The replace cost, investigation cost and all kinds of stands 450 million which  present value is 1 Billion$.


3)Prestige Oil Spill ($12 Billion)
13 November 2002 the Prestige oil tanker contain with 77000 ton heavy fuel and also with 12  tank vast during a storm off Galicia, Spain. As a result the ship divide in two part and oil spread in see. As the report  of Pontevedra Economist Board total cleanup  cost count 12 billion$.


2) Space Shuttle Columbia ($13 Billion)

In 1st February 2003 NASA s space shuttle Colombia destroyed during re-entry over Texas. The original cost of Colombia was 2 Billion $.Present value 6.3 Billion$. For Investigation 500million$ and for search and recovery cost 300 million$. Altogether  the cost stands 13 Billion$.


1)Chernobyl ($200 Billion)
On 26 April 1986 The Most expensive/costly and Dangerous Nuclear accident occurred. Chernobyl disasters is called the biggest socio-economic catastrophe in peacetime history where 50% of ukraine area polluted.1.7 Million People got damage directly. For Chernobyl disasters 125000people effected by Cancer and died. For cleanup, resettlement, and compensation to victims total cost is paid 200 Billion$. For sill Chernobyl nuclear plant the cost stands 2 billion$
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