5 Most Expensive Cruise Ship Disasters You Won’t Believe

5. SS Morro Castle – Fire and Tragedy, $4 Million Loss

In 1934, SS Morro Castle caught fire and ran aground after the captain died unexpectedly. Smoke and heat forced passengers to jump overboard. Only six of twelve lifeboats were launched, and 137 people died. The total loss was over $4 million, huge for the 1930s.