MOST EXPENSIVE DISASTERS IN THE HISTORY OF THE WORLD
10. TITANIC (1912) :-
LOSS -$150,000,000
On April 15, 1912, the TITANIC sank on its first sail across the Atlantic after it hit an iceberg. 1,500 people were killed drowning in the ice cold waters of the ocean. It costed $7 million to build the ship initially. But it sums up to 150 million dollars of today money.
9. TANKER TRUCK & BRIDGE (2004) :-
LOSS - $ 358,000,000
This accident happened on 26th August 2004, when a car crashed with a tanker truck carrying 32,000 liters of fuel on the WIEHLTAL BRIDGE in Germany. After the impact the tralier crashed through the guardrail and fell 90 feet off the A4 Autobahn which resulted in a huge explosion. The fire destroyed the load bearing ability of the bridge. A temporary repair costed $40 million and the cost to replace the bridge is estimated to be $ 318 million.
8. METRO-LINK TRAIN CRASH (2008) :-
LOSS - $500,000,000
One of the worst Train crashed in California history, happened on September 12 2008 in which 25 people were killed after a Metro-link Commuter train crashed head-on into a Union Pacific Freight train in LosAngles.
7. B-2 BOMBER CRASH (2008) :-
LOSS - $1,400,000,000
This accident happened on February 23 2001 in GUAM AIRBASE. The stealth bomber crashed immediately after take off due to distorted data in the Flight Control Computers. However both the pilots managed to escape before the crash.
6. EXXON VALDEZ OIL SPILL (1989) :-
LOSS - $2,500,000,000
On March 24 1989, 10.8 gallons of oil was spilled when the ship's Captain, Joseph Hazelwood, lost control of the ship and crashed into a Reed on the West coast of USA in Prince William Sound. The clean up alone costed Exxon $2.5 billion.
5. PIPER ALPHA OIL RIG ( 1988) :-
LOSS $ 3,400,000,000
This was one of only off-shore oil rig at that time, drilling 317,000 barrels of oil/day. On July 6, 1988 as a part of routine maintenance, technicians removed some 100 safety valves and cleaned them to remove poisonous gases. Very unfortunately one of the technician forgot to replace one of safety valves by mistake. At 10 pm the same night, when the Rig was switched on it triggered on the world's most expensive oil rig accidents. Within 2 hours, the 300 foot platform was completely engulfed in flames killing 167 workers in the rig causing a loss of $3.4 billion.
4. CHALLANGER EXPLOSION (1986):-
LOSS - $5,500,000,000
The space shuttle CHALLENGER was destroyed 73 seconds after take off on January 28 1986, due to a faulty O-ring.
3. PRESTIGE OIL SPILL (2002) :-
LOSS $ 12,000,000,000
On November 13, 2002 THE PRESTIGE OIL TANKER was carrying 77,000 tons of ""Heavy Fuel Oil" when one of its twelve tanks burst during a storm off Galicia, Spain. Pressure from the local authorities forced the Captain of the ship to steer the ship away from the coast. The storm eventually took its toll on and it resulted in the tanker splitting into two halves releasing 20 million gallons of oil into the sea.
2. SPACE SHUTTLE COLUMBIA (2003) :-
LOSS - $13,000,000,000
The Space Shuttle Columbia was the first space worthy shuttle in Nasa's orbital fleet. It was destroyed while returning back to earth, over Texas on February 1 2003, after a hole was puncher-ed in one of the wings during launch 16 earlier. $ 500 million was spent on the investigation, making it the costliest aircraft accident investigation of all time.
1. CHERNOBYL DISASTER (1986) :-
LOSS - $ 200,000,000,000
On April 26 1986, the world witnessed the costliest accidents ever in history of mankind. The Chernobly disaster has been called the biggest socio-economic catastrophe. 50% of Ukaraine got contaminated destroying about 125,000 people. The accident took place because of carelessness of the the plant operators who had violated the safety requirements.