A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the Dutch coastguard, which is leading efforts to contain the blaze.
The blazed killed one member of the crew and injured several others.
BMW Group and Mercedes-Benz Group both have several hundred cars among the cargo aboard.
The fire began on Tuesday night on the Panama-registered Fremantle Highway, which was en route from Germany to Egypt, forcing several crew members to jump overboard.
The Indian Embassy in the Netherlands said in a social media post the fire had "resulted in the death of an Indian seafarer and injuries to the crew", and that it was in touch with family of the deceased.
Japan's Shoei Kisen, which owns the ship, said the entire crew was Indian.
All 23 people on board, including several injured crew and the person who died, were removed from the ship by helicopters and lifeboats, the Dutch coastguard said.
Rescue ships sprayed water onto the burning boat to cool it down, but using too much water risked causing the ship to sink, the Dutch coastguard said. A salvage vessel was hooked on to stop it from drifting into shipping lanes.