Indonesia’s damaged coral reefs could take 100 years to recover

Joint survey by government and insurer reveals the extent of the damage to a valuable marine habitat

Indonesia’s damaged coral reefs could take 100 years to recover

Insurance News

By Gabriel Olano

The Maritime Affairs Coordinating Ministry of Indonesia announced on Friday that the coral reef damaged by a cruise ship in West Papua province, could take anywhere from 50-150 years to recover.
Coordinating minister for maritime affairs Luhut Binsar Pandjaitan said that a joint survey revealed that almost 19,000 square meters of coral reef were damaged by cruise liner Caledonian Sky which ran aground in early March.
“We are carefully evaluating the economic losses together with the Ministry of Environment and Forestry, as well as the insurance company,” Pandjaitan told Xinhua. He added that the case is quite complex and many parties are involved, but the sooner the case is solved, the better.

Want the latest insurance industry news first? Sign up for our completely free newsletter service now.
Last week, Arif Havas Oegroseno, deputy minister of the Coordinating Ministry of Maritime Affairs, said that the corals damaged could be classified into two. He explained that around 13,300 square metres suffered fatal damage, and the remaining 5,600 metres of coral had a 50-50 chance of dying.
Oegroseno also added that the ship’s insurer, London P&I Club, has agreed to compensate all legal losses.

On March 04, the Caledonian Sky cruise ship ran aground at Dampier Strait near the Raja Ampat islands, causing massive destruction to one of the world’s most pristine coral reefs, which is a prime diving spot that contains a high degree of biodiversity.

Related stories:
“Insurance is not enough,” says government on damaged coral reef
Ocean warming a huge maritime risk, says study by XL Catlin

Keep up with the latest news and events

Join our mailing list, it’s free!