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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

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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


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.  


OOCL is 'The Perfect Bride' -Drewry

Photo: OOCL

Orient Overseas International (OOIL) and its container unit OOCL have a good track record for above-average profits in a challenging market and a reputation for being a very well-run company, earning the moniker “The Perfect Bride” by Drewry Maritime Financial Research.   


COSCO Shares Climb After OOIL Bid

File Image (CREDIT: AdobeStock / (c) Marina Ignatova)

COSCO Shipping Holdings Co Ltd saw its stock climb on Monday after bidding $6.3 billion for a Hong Kong peer, a deal that would see it become the world's third-biggest container shipper and underline China's supply-chain ambitions.   The offer for Orient Overseas International Ltd (OOIL)


COSCO to Buy OOCL for USD 6.3 bln

Photo: Orient Overseas Container Line Limited

 Chinese Shipping Major Cosco Group has agreed in principle to buy its shipping rival and  Hong Kong’s No. 1 box mover, Orient Overseas Container Line (OOCL), in deal that could be valued around USD 6.3 billion.  The takeover will catapult Cosco the world’s


COSCO Records H1 Profit on Improving Market

File Image (CREDIT: AdobeStock / (c) Marina Ignatova)

COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half, helped by an improving shipping market.   The world's fourth-largest container shipping line made the forecast in a stock market statement on Thursday. It recorded a loss of 7


Perama Ship Repair Zone Floating Dock Getting Ready

Photo:  Piraeus Port Authority S.A.

 Perama Ship Repair Zone dock maintenance works completed and the new floating dock is expected to get ready by November 2017.     P. Kouroumplis, Minister of Shipping and Insular Policy, S. Pitsiorlas, Deputy Minister of Economy and Development, the Mayor of Perama, I


APL Rolls out Aloha Express Service

Photo: APL

APL has unveiled its Aloha Express (AEX) service, a new fortnightly service directly connecting Central China, Korea, Japan to Hawaii. The AEX service promises cargo delivery from Shanghai, Busan and Yokohama to Honolulu in 19, 15 and 12 days respectively.  


HMM Meets Vietnamese Delegation

HMM CEO Yoo Chang-keun (second left), Vice Minister of Transport in Vietnam Nguyen Van Cong(third right) and other relevant parties are discussing various cooperative methods for port business in Vietnam. Photo: Hyundai Merchant Marine

 On June 29, Vice Minister of Transport in Vietnam, Nguyen Van Cong accompanied by delegates from Vietnam Maritime Administration (VMA) and Vietnam National Shipping Lines (Vinalines) visited Hyundai Merchant Marine(HMM).   The delegates arrived Korea on 26th at the invitation of Busan


China’s Largest Box Ships Powered by ABB Turbochargers

Photo: ABB Turbochargers

ABB turbochargers are powering the main engines and auxiliary engines of the largest containership ever built in China, a 20,000 TEU vessel named COSCO Shipping Taurus, launched in June 2017.  This first ship was built by Shanghai Waigaoqiao Shipbuilding Co


Cosco Firms Sign Insurance​ Agreement

Pic: Cosco Shipping Energy Transportation Co Ltd

 Cosco Shipping Energy Transportation has entered into insurance services framework agreement with Cosco Shipping Insurance​ pursuant to which the latter will provide vessel-related insurance services to the Group.   Cosco Shipping  Insurance is a wholly-owned subsidiary of Cosco


Wan Hai Boosts China - Southeast Asia Service Network

Photo: Wan Hai Lines

 Wan Hai Lines has announced its plan to expand the service network on China-Vietnam/Thailand corridors in July, by restructuring China-Vietnam-Thailand (CVT service) and cooperating with COSCO Container Lines with a new joint N.PRC-Thailand service (CT1) and securing slots on COSCO’s E


Piraeus Port Signs MoU with Shanghai Port

Photo: Piraeus Port Authority S.A

 The Cosco-managed Piraeus Port Authority (OLP) and Shanghai International Port Group, the world's biggest commercial port, signed a Memorandum of Understanding (MOU) envisioning cooperation in infrastructure studies, personnel training, information exchange and technical assistance.  


Chinese, Greek Ports Teams Up to Boost Container Traffic

© chungking / Adobe Stock

Piraeus Port, operator of Greece's biggest port and majority-owned by China's COSCO Shipping, has agreed to team up with the operator of Shanghai port, the world's largest container port, to promote container shipping traffic. Piraeus, COSCO Shipping and Shanghai International Port Group (SIPG)


COSCO Shipping Suspends Qatar Services

File Image: A COSCO Boxship underway (CREDIT Adobestock (c) Marina Ignatova)

China's COSCO Shipping Lines Co Ltd has suspended shipping services to Qatar, citing "uncertainties" after Arab countries severed diplomatic ties with the Gulf state and imposed port restrictions.   The world's fourth-largest shipping line joins Taiwan's Evergreen and Hong Kong's


MOL Delivers LNG Carrier CESI Beihai to SINOPEC

Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) today announced that the LNG carrier CESI Beihai-ordered by a joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping), and China Petroleum & Chemical Corporation (SINOPEC)-was delivered at Hudong-Zhonghua Shipbuilding (Group) (Hudong) in


COSCO (Dalian) Shipyard Delivers Flag Lama

Photo: COSCO (Dalian) Shipyard

 COSCO (Dalian) Shipyard Co has delivered an bulk carrier, “FLAG LAMA”, to its European buyer, the company said in its press release.    The delivery documents were signed by and between COSCO Dalian and the buyer recently.   






 
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