Up to US$40m in economic loss and damage has been estimated by the Solomon Islands government from the Solomon Trader’s incident running aground in February 2019. The wreck occurred in Kangava Bay off Rennell Island, a UNESCO world heritage site, spilling hundreds of tonnes of bunker fuel, and is now considered the worst man-made natural disaster ever to hit the country, with ecological impacts of significant and long-lasting magnitude.
Local residents are yet to be compensated.
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