(www.MaritimeCyprus.com) INTERCARGO’s annual Bulk Carrier Casualty Report examines the safety performance of bulk carriers over a rolling 10-year period in order to identify risks and improve safety for seafarers and vessel operations. The new edition of the Bulk Carrier Casualty Report (2026) reveals that between 2016 and 2025, 17 bulk carriers1 of more than 10,000 deadweight tonnes (dwt) were reported lost, with the tragic loss of 71 seafarers’ lives. In 2024, three (3) bulk carriers were lost in the in the Red Sea and Gulf of Aden (GOA) and in 2025 two (2) more were lost together with the loss of 8 seafarers and many injuries, as the direct consequence of missile, drone and drone boat attacks by the Houthis. INTERCARGO strongly condemns all attacks on bulk carriers in the Red Sea and Gulf of Aden (GOA) regions which directly contravene the fundamental principle of freedom of navigation. Statistics analysis Initial analysis of the statistics of the 10-year bulk carrier casualty data reveals some potential safety gaps, such as: Cargo liquefaction remains the greatest contributor to loss of life, accounting for 37 lives or 52.1% of the total loss of life in the past ten years. Groundings remain the greatest cause of ship losses, with seven (7) losses or 41.1% of the total. Four (4) flooding casualties (23.5% of the total) cost 34 lives - a significant 47.9% of the total number of lives lost. Summary: 17 bulk carriers (of over 10,000 dwt1) have been identified as total losses2 for the years 2016 to 2025 with 71 lives lost as consequence. Five (5) bulk carrier casualties, with eight lives lost, in the Red Sea and Gulf of Aden as a direct consequence of missile, drone and drone boat attacks during the period, were not included in the statistics. Significant findings: 10,000-34,999 dwt: four (4) ships were lost, accounting for 23.5% of the total 17 casualties reported. These casualties cost 12 lives, or 16.9% of the total. 50,000-59,999 dwt: four (4) vessels lost in thi