Cliff Stoll writes "Along with 7000 containers, ship MOL Comfort broke in half in high seas in the Indian Ocean. The aft section floated for a week, then sank on June 27th. The forward section was towed most of the way to port, but burned and sank on July 10th. This post-panamax ship was 316 meters long and only 5 years old. With a typical value of $40,000 per container (PDF), this amounts to a quarter billion dollar loss. The cause is unknown, but may be structural or perhaps due to overfilled containers that are declared as underweight. Of course, the software used to calculate ship stability relies upon these incorrect physical parameters."
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