Typhoon Namadol – Severe Weather Report

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Summary:

Tropical cyclone Namadol formed on September 11th in the Philippine Sea, reaching typhoon wind force by September 15th and 24 hours after, on September 16th it intensified into a Category 4 typhoon, with violent winds of 160 MPH and waves of up to 15m. Due to quoted risks of unprecedented storms, high waves, storm surges, and record rainfall, the  Japan Meteorological Agency (JMA) has issued its highest warning for the Kagoshima region where the typhoon is expected to make landfall on Sunday afternoon.

TYPHOON NAMADOL, OVERVIEW, SEPTEMBER 17TH,2022

Skytek’s analytics platform REACT counts more than 10,000 marine assets (merchant ships, inland traffic, offshore platforms) in the cone of the typhoon, which is further narrowed down into a more granular view. Skytek platform counts inside the area of the 50 knots winds the following exposed assets:

ENERGY OFFSHORE (TOTAL: 238)
Figure 1 – Typhoon Namadol, an overview of offshore assets (Windfarms) in the cone, September 17th 2022.
Total Offshore Energy Assets
238
Windfarms
195
Oil Platforms
22
Offshore Support Vessels
16
Other (Jack-up Support vessel - 1, Shuttle Tanker - 1)
2
ESTIMATED MARKET VALUE
$
0
B
MERCHANT SHIPS (TOTAL: 1515)
Figure 2 – Typhoon Namadol, an overview of marine assets in the cone, September 17th 2022.
Total Blue Water Ships
1515
Bulk Carriers
245
Tanker Ships
360
Container Ships
169
General Cargo Ships
741
ESTIMATED MARKET VALUE
$
0
B

Typhoon Namadol is expected to have a higher impact, the official added, and had the potential to be worse than Typhoon Jebi in 2018 which cost (re)insurers about $5.5B, and left 14 people dead. Typhoon Hagibis had more than $10B in losses to reinsurance markets and caused widespread power cuts in 2019.

The websites of Japan Airlines and All Nippon Airways announce flight cancellations in the airports of Kagoshima, Miyazaki and Kumamoto before the arrival of Typhoon Nanmadol. The interruptions will add additional costs to the expected wind damage.

PROPERTY

SKYTEK maps in the 50 knots winds area of Typhoon Namadol, a selection of representative industrial buildings, which are believed to be most exposed, and susceptible to damage due to heavy rain and possible flooding, strong winds.

Figure 3 – Typhoon Namadol, overview of property assets in the cone, September 17th 2022.
Property by type:

Industrial

1351

Light Industrial - Electronics

645

Heavy Industrial - Glass

595

Commercial

505

Heavy Industrial - General

385

Heavy Industrial - Steel

275

Light Industrial - General Manufacturing

241

Food & Beverage

68

Data Processing/Telecommunications

56

Light Industrial - Pharmaceutical

44

High Technology

40

Chemical Processing - Primarily Indoor

35

Petrochemical - Refineries

22

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