The Australian Transport Safety Bureau (ATSB) issued the report of its investigation into the foundering of the cargo ship Tycoon at Christmas Island on January 8, 2012.
Heavy weather arose while the ship was in position at the inner moorings at Flying Fish Cove. Under the stress of weather, one of the port’s permanent mooring lines came free from its anchor, allowing the ship to move forward, making contact with the terminal’s rock face.
The master did not immediately notify the port of the problem or make proper use of the ship’s engines or mooring lines to keep the ship safe. The ship eventually broke up and sank. The port managers had not undertaken a risk assessment and had not implemented an effective inspection and maintenance program.