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Cosco Busan

Lawmakers Consider Tougher Safety Rules for Ships

Bay Area members of Congress suggested that tougher safeguards might be needed on cargo ships to prevent accidents like the recent Cosco Busan spill that resulted in 58,000 gallons of heavy bunker fuel in San Francisco Bay. One possibility would be to require double-skins on fuel tanks or some sort of partial double hull on cargo ships. In response to the disastrous Exxon Valdez spill in Alaska in 1989, all oil tankers in U.S. waters must have double hulls by 2015. Another would be to make the Coast Guard's vessel transport system more stringent for ships entering and leaving ports, like the air traffic control system. Though the Cosco Busan did not have a double hull, it did have an added layer of safety: a tugboat, which is required in the Bay under state law for oil tankers, but not cargo ships, was attached to the ship at the time of the accident. The tug escort can push or pull ships away from trouble if they lose power, lose steering or have other problems. Yet despite that precaution, the tugboat apparently was not asked — or may have been unable — to steer the vessel clear of the collision in time. With the cause of the accident still a mystery, the fact that the tug was not able to save the ship could indicate that the pilot and crew did not realize the ship was dangerously off course, experts familiar with the case reportedly indicated.


Oil Spill Bill Forwarded

The Senate Commerce Committee approved the Oil Spill Prevention Act, legislation introduced by Senator Frank Lautenberg (D-NJ) and cosponsored by Senator Barbara Boxer (D-CA) that aims to make ships safer and assess and improve vessel tracking procedures.Boxer said, “Californians know all too well the devastation an oil spill can cause to our waters, wildlife and our communities.  Just last fall, 58,000 gallons of toxic bunker fuel poured into the San Francisco Bay after the Cosco


Container Vessel Damages San Francisco Bay Bridge

The U.S. Coast Guard received a report of a container vessel Cosco Busan allision with the San Francisco Bay Bridge. The vessel was out bound with a pilot onboard at the time of the allision. The vessel reported damage to the forward left side and bulk fuel (MF 380) was leaking from the vessel. Visibility was limited during the time of the allision due to fog. U. S. Coast Guard and San Francisco Police Department are enforcing a 100 foot saftey zone around the vessel and the fuel in the


NOAA Releases Restoration Plan for Cosco Busan Impacts

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Final Restoration Plan Completed for Cosco Busan Oil Spill; Projects will Address Impacts from Ship that Struck the Bay Bridge. State and federal trustee agencies have released the Cosco Busan Oil Spill Final Damage Assessment and Restoration Plan. The document summarizes the injuries to wildlife, habitat, and recreational uses from the oil spill that occurred on Nov. 7, 2007. It also describes a number of restoration projects that will be implemented to compensate for injuries from the


Cummings Convenes Hearing on Inspector General’s Report Concerning COSCO BUSAN

Congressman Elijah E. Cummings convened the Subcommittee on Coast Guard and Maritime Transportation to receive a report developed by the Department of Homeland Security’s Office of the Inspector General (OIG) on the circumstances surrounding the allision of the COSCO BUSAN with the San Francisco-Oakland Bay Bridge on November 7, 2007.  This report was originally requested by the Speaker of the House of Representatives, Nancy Pelosi


China Focus for Swedish Club Academy

Logo courtesy of Swedish Club Academy

The Swedish Club Academy focuses on China during a five-day Maritime Resource Management road show at the end of March. MRM training aims at establishing safe operational cultures where teamwork and effective communication are key components, even to the extent of encouraging crew members to ‘challenge’ decisions made by their masters and superiors. “People with high rank can make mistakes too, and when they do the team members who detect it must be assertive enough to


Hearing for Fleet Management Pilot

According to the San Francisco Chronicle, federal prosecutors told a judge that the pilot of the container ship that struck the Bay Bridge in November 2007 ignored basic safety precautions, lied to licensing authorities about his prescription drug use, and should be sentenced to 10 months in prison, the maximum recommended by his plea agreement. Capt. John Cota's lawyers asked for a two-month sentence, the minimum term in the plea agreement


Multiple Factors Caused Container Ship Accident

The National Transportation Safety Board determined on Feb. 18 that a medically unfit pilot, an ineffective master, and poor communications between the two were the cause of an accident in which the Cosco Busan container ship spilled thousands of gallons of fuel oil into the San Francisco Bay after striking a bridge support tower. On November 7, 2007, at about 8:00 a.m. PST, in heavy fog with visibility of less than a quarter mile, the Hong Kong- registered


Report - COSCO BUSAN Pilot Actions

The report was hampered in that the pilot surrendered his license shortly after the incident and the on-going criminal investigation made various possible witnesses unavailable. Nevertheless, the report concluded that pilot misconduct was a factor in the allision. Among other things, the pilot failed to utilize all available resources prior to getting underway; failed to clearly communicate with the master; failed to exercise sound judgment when he lost confidence in the radar in reduced


KMTC Feeder Service Comes to Busan’s New Port

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With the calling of JSS2, BNCT in Busan’s New Port adds its 12th KMTC service and hopes for more to come.   This recently launched service connects Busan, South Korea with Sendai, Japan.   BNCT will continue supporting Busan’s feeder network in the future with 700,000TEU additional capacity available in March 2015 linked to completion of its Phase II expansion plan.  


Cosco Bulk Shipping Losses Down in 2014

China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market. The comments were made by the firm's chief financial officer, Tang Runjiang, at its results briefing in Beijing on Friday


China Cosco's Profit Up 54%

Pic: COSCO Container Lines Company Limited

 The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.5 million Yuan ($58.37 million), on government subsidies for scrapping old tonnage.  


Maersk Line Orders Seven Containerships from China

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Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years. The companies said in a statement on Thursday they would not give details of the price of the vessels


EU Regulators Order Cosco to Pay for Greek Benefits

Image: Piraeus Container Terminal (PCT)

 European Union state aid regulators have ordered Greece to recover certain illegal fiscal benefits granted to Piraeus Container Terminal (PCT) and its parent company Cosco Pacific Ltd, says a report in Reuters.   The European Commission found that Greece inappropriately granted tax


EU: Cosco, Piraeus Port to Pay Back State Aid

European Union state aid regulators have ordered Greece to recover certain illegal fiscal benefits granted to Piraeus Container Terminal (PCT) and its parent company Cosco Pacific Ltd. The European Commission said the measures, which breached EU rules


Cosco International Posts $46.3 mln Profit

Pic by Cosco International

 The shipping services arm of China Ocean Shipping, Cosco International reported its profit attributable to equity holders for the year ended 31 December 2014 rose 48.6% year-on-year to HK$359 million ($46.3 million).   Revenue, however, fell 18.5% to HK$7


AGCT Opens COSCO Service in Rijeka

Maiden call of COSCO’s Contship Eco at ICTSI’s Adriatic Gate Container Terminal.

  Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently launched China Ocean Shipping (Group) Co.’s (COSCO), Adriatic–Greece–Turkey service (AGT) when


INTERSCHALT Expands Africa, Asia Service Networks

INTERSCHALT maritime systems AG, the provider of maritime software, services and supplier of Voyage Data Recorders (VDR 4G[e] and s-VDR) has expanded its network of service partners in Africa and Asia with the addition of two new distributors in Nigeria and Korea.  


Cosco Boxship Detained Over Illegal Arms

Colombian authorities detained a vessel operated by China's largest shipping group for illegally transporting thousands of cannon shells, about 100 tonnes of gunpowder and other materials used to make explosives, the attorney general's office said.


Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. (NACKS). The new vessels are the first two of four similar vessels ordered at NACKS


Cosco Scraps Eight Old Bulk Carriers

Image: Cosco group

Following the recent announcement ordering 10 drybulk vessels, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping.    The vessels were sold to different third parties for scrap for approximately RMB82.2m ($13.3m)


Korea to Build World's Largest Marine Engineering Aquarium

Research center for Maritime Engineering Research (image courtesy of Busan Metropolitan City)

 The Korean Government is to develop the largest maritime engineering aquarium in the world for deep-sea research purposes, such as simulation experiments for the construction of maritime plants.  The joint investment of public and private sector plans to build the marine engineering


Greece to Halt Port Privatization

Greece's government said on Wednesday it was sticking to plans to halt the sale of its two biggest ports, Piraeus and Thessaloniki, rebuffing reports it was having second thoughts. Prime Minister Alexis Tsipras's new leftist government has sought to cancel key terms of Athens' bailout programme


Valemax Ship Gets Go-ahead at Chinese Ports

Valemax ship (Source: Vale)

 China has amended its port rules to allow fully loaded 400,000-deadweight tonnes (dwt) dry bulk cargo ships to dock at the country’s mainland ports.  The ban affected the type Valemax ships, cargo ships built by Vale with capacity of 400 thousand tons.  


KR Statutory Services Authorized in Canada

Korean Register (KR), an IACS member classification society, has been fully authorized by the Marine Safety and Security Division of Transport Canada to perform statutory services on behalf of the government of Canada.    KR is now able to conduct relevant surveys






 
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