TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%
TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%
TSLA423.7407.86%
GM81.730-0.95%
F16.165-0.465%
RIVN17.2900.34%
CYD58.9001.11%
HMC26.4800.24%
TM180.490-2.43%
CVNA65.602-5.3985%
PAG172.3601.92%
LAD295.5001.98%
AN191.0902.07%
GPI308.320-3.19%
ABG189.9603.34%
SAH84.8000.93%

3,000 vehicles lost at sea as cargo ship sinks weeks after fire

The vessel burned for three weeks after a fire broke out on deck.
Photo By: US Coast Guard

The Morning Midas, a cargo ship carrying more than 3,000 vehicles to Mexico, sank in the North Pacific on Monday, nearly three weeks after a fiery blaze broke out on board. A combination of fire damage and rough weather caused the vessel to take on water, ultimately leading to its sinking. It remains unclear whether any vehicles were salvaged before the ship went down, despite efforts by Zodiac Maritime, the ship’s management company, which has dispatched a salvage crew.

The U.S. Coast Guard is monitoring the incident and has deployed several vessels to manage potential pollution. Zodiac Maritime will also send specialized pollution response vessels to assist.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

The Morning Midas departed Yantai, China, in late May and was en route to the port of Lazaro Cardenas, Mexico, when a fire broke out on June 3. After failing to extinguish the flames, the 22-member crew abandoned the vessel approximately 300 miles southwest of Alaska’s Adak Island. The ship was carrying 3,000 new vehicles, including 800 electric variants.

While the exact cause of the fire remains under investigation, smoke was first observed near the stern of the ship, where the EVs were stored.

The incident has heightened concerns about fire risks linked to transporting electric vehicles at sea. Lithium-ion batteries, widely used in EVs, are known to be highly flammable and difficult to extinguish once ignited, especially in open water. With over 80% of global trade volume relying on maritime shipping, industry experts say improving fire safety protocols and prevention measures is becoming increasingly critical.

Read More
More from Articles
Hyundai and Kia post record U.S. hybrid sales in May. SeungKyu Yoon, CEO, Kia North America and Hyundai CEO Jose Muñoz.

Hyundai and Kia post record U.S. hybrid sales in May

- June 2, 2026
On the Dash: Hyundai and Kia each posted record U.S. hybrid sales in May 2026. Both brands are racing for the No. 2 U.S. hybrid spot behind Toyota. Hyundai sold...
Ford expands mobile service push as new recall sends customers back to dealerships

Ford expands mobile service push as new recall sends customers back to dealerships

- June 2, 2026
On the Dash: Ford is investing in a national marketing campaign designed to drive more service and parts revenue back to dealerships. Mobile service, pickup and delivery are becoming key...
Cox Automotive completes Fullpath acquisition,

Cox Automotive completes Fullpath acquisition, launches integrated AI data platform for dealers

- June 2, 2026
On the Dash: Cox Automotive now combines dealership data with shopper activity from Autotrader and Kelley Blue Book in a single AI-powered customer data platform. Dealers may gain earlier visibility...
Vehicle buying experience rebounds in May

Vehicle buying experience rebounds in May as inventory and trade-in satisfaction improve

- June 2, 2026
On the Dash: Vehicle availability improved significantly in May, with more buyers finding the exact vehicle they wanted and fewer settling for alternatives. Satisfaction with trade-in negotiations posted the largest...
```html ```