Solution : https://service.sap.com/sap/support/notes/1280560 (SAP Service marketplace login required)
Key words : 
container creation error reason, symptom bia reactivation fails, short dump raise_exception giving, sap netweaver bi 7, sap nw bi7, sapbinews nw bi 7, 01 bi abap sp04, 00            import support package 21, import support package 04, bia reactivation
Related Notes : 
       
| 1270629 | SAPBINews NW7.0 BI ABAP Support Package 21 | 
| 1260072 | SAPBINews NW7.11 BI ABAP SP02 | 
| 1260071 | SAPBINews NW 7.10 BI ABAP Support Package 08 | 
| 1227876 | SAPBINews NW7.01 BI ABAP Support Package 04 |