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Probably because trains are limited in both weight and volume compared to ships and also less efficient. If you have this short route and know it'll need this amount of cargo shipped it likely makes sense.
This single ship can carry more containers than any train could be expected to pull, likely by at least one order of magnitude.
All in all I'd guess the advantages are roughly:
Disadvantages:
I would also not expect the risk for catastrophic fires to be all that high. This ship has the batteries be containers. So once you've designed a container that is a large battery, you've already spent so much that a proper BMS including proper battery fire suppression as well as proper breakers/contractors are things you've built into it without even thinking about cost. The separation provided by building containers as the battery is the next line of defence if one container fails spectacularly, it also allows the batteries to be maintained on land, much cheaper than if they were part of the ship.
I expect they are using LFP which isn't fire prone.
Fortunately energy density is not nearly the concern with boats and trains as it is with cars.
And agreed, the modular batteries are a nice touch.