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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


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


NOAA Releases Restoration Plan for Cosco Busan Impacts

NOAA_logo_color_broadcast.jpg

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


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


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


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


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


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.  


No Tianjin Impact, Says Cosco

Pic: China COSCO Holdings Company Limited

 China COSCO Holdings Company Limited says its operations at Tianjin port have been unaffected by the blasts that killed 114 people here also put a deep dent in the compact between China’s government and its middle class.  


MSC Announces First Sailing on Revised Asia Trade

Photo: MSC

Westbound sailings to North Europe and the Mediterranean to start in September   Container shipping firm MSC has published sailing dates for its new look Asia network announced Monday, August 17.    MSC’s new East-West Network is made up of 193 vessels which operate across


Busan LNG Bunkering Terminal by 2020

Photo Source: Busan New Container Terminal

 A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020.    South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility.  


Cosco Pacific Profits up 12%

Photo: COSCO Pacific Ltd

 Major terminal operator Cosco Pacific has reported a 12% on-year increase in net profits for the first half of this year to nearly $164.4m on good cost control and optimisation of management efficiency.   However the revenue of the port and box leasing unit of Chinese state


Korea Plans Big for Busan Port

Photo: Busan Port Authority

Port of Busan aims to handle 13 million TEU of trans-shipment cargo by 2020 ranking it number two in the world.    A long-term vision and strategy to develop the Port of Busan into a global transshipment hub port has been announced by the Korean Ministry of Ocean and Fisheries together


Korean Registry Okays Transas ECDIS

Certificate issued by the Korea Marine Equipment Research Institute proves the systems compliance with all ECDIS-related regulations

  Transas, one of the world's leading providers of integrated navigation solutions, received ECDIS type-approval from the Korean Registry (Korea Marine Equipment Research Institute), making Transas one of a few companies holding an ECDIS certificate from the South Korean maritime authority


China Cosco Guides H1 Profits at $306mln

Pic: China Cosco Holdings (Cosco)

 China Cosco Holdings, the flagship unit of Cosco Group, is expecting a net profit of Yuan1.9bn ($306m) for the first half, against the Yuan2.3bn loss during the same period last year.   Compared to the same period of last year, the company turned losses into profits in the first half


Cosco Delays Deliveries for two FAUs

Photo by Cosco Shipyard Group Co

 Two shipyards under Cosco Shipyard Group have pushed back the delivery dates for two converted high-end floating accommodation unit (FAU) at the customer’s request.   Cosco (Nantong) Shipyard, a subsidiary of Cosco’s 51% owned subsidiary, Cosco Shipyard Group Co


Will COSCO-CSCL Marriage Happen Soon?

Image: China Shipping Group

 The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news!   The beleaguered state behemoths struggling in a protracted industry slump  - China Ocean Shipping Group  (Cosco) and China Shipping Group -


China's Mega Shipping Merger Moves a Step Closer

Photo: Cosco Group

 The merger talk between two state-run shipping conglomerates Cosco Group and China Shipping Group is on strong footing on on Beijing’s command.   According to sources, the companies would release an outline plan within three months


COSCO: Ships at Tianjin Port not Impacted

China Ocean Shipping (Group) Company said its ships anchored at Tianjin port were not affected by the blasts at a warehouse in the country's northeastern city last week, though some of its facilities in the area suffered varying levels of damage.


Drewry: Cosco, CSCL Merger to Shake up Container Shipping

Image: Cosco

 Industry analyst Drewry believes that the proosed merger between Chinese state-owned companies, Cosco and China Shipping Container Lines (CSCL), could cause a domino effect on existing carrier alliances and further carrier mergers in Asia damaging to industry competition.  


Shell, COSCO Ink Appomattox Platform Transportation Deal

The Appomattox semi-submersible offshore platform hull will be transported from South Korea to Ingleside, Texas

  COSCO Shipping    Company    Limited    (COSCOL)    signed    a contract with  Shell    Offshore    Inc.    on    6   


COSCO Delivers PSV to COSL

On July 22, COSCO (Dalian) Shipyard delivered a platform supply vessel (PSV), ¡°Hai Yang Shi You 660¡±, to China Oilfield Services Limited (COSL), the Chinese shipbuilder announced.   The vessel measures 85.4 meters LOA, 20 meters in breadth, 8


Cosco Blame it on Weak Shipping Industry

Photo: COSCO International Holdings

 The global economic recovery was slower than expected and the overcapacity problem in the shipping industry remained serious, in the  first half of 2015, says COSCO International Holdings.   This drove stable business volume to the Company’s business segments which serve






 
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