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EV lithium-ion batteries burn with twice the energy of a normal fire and maritime officials and insurers say the industry has not kept up with the risks.

An investigation has been launched by the Panama Maritime Authority and the Netherlands is assisting the inquiry, the Dutch Safety Board has said.

There are several hundred BMW and Mini cars on board, as well as roughly 300 Mercedes-Benz vehicles, representatives for the companies said.

Ford Motor, Stellantis, Renault and Nissan did not have any vehicles on the vessel, company spokespeople said. Toyota said it’s unlikely the automaker had cargo on board.

A Volkswagen spokesperson said the company was actively investigating but was unable to provide further information. Tesla did not respond to a request for comment.

The 199-meter (653 ft) Fremantle, which is still burning, is drifting among islands about 17 km from the northernmost Dutch coast. It was on the way from Germany to Egypt.

The islands comprise part of the Wadden Sea, a vast area of tidal flats and marshland stretching along Germany and Denmark that is on UNESCO’s World Heritage list.

The incident is reminiscent of a maritime disaster last year, when a cargo ship that caught fire in the Atlantic transporting roughly 4,000 VW vehicles to the U.S. sank in rough seas, despite efforts to tow it to safety after burning for more than a week.

Bloomberg contributed to this report

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