Insurance usually pays out for the loss of cargo to the owner of the cargo. Paying for clean-up is fairly murky, as most of the time it is high seas, and the l

Insurance usually pays out for the loss of cargo to the owner of the cargo. Paying for clean-up is fairly murky, as most of the time it is high seas, and the laws are different. Also the company which runs or owns ship will usually will be asset light and just declare bankruptcy. Look at the case in Lebanon, many countries are not equipped to handle this kind of problem. It may not be deliberate intent to sink the ship, but the systems we have in place does not provide a lot incentive for the operators to act fast or act at all.