A perfect example of why all our ocean going containerized shipments are HEAVILY insured! I've known people in business who've been bankrupted by having purchased machinery abroad and had it shipped and lost at sea with them still owing for it becuase they failed to insure it during transit.

Sometimes a disaster at sea like the above will lead to them simply unstrapping the offending containers and lettin 'em fall overboard in an effort to save the ship from sinking, especially in rough seas. If your load is part of such a calamity and uninsured, you're just fucked