South Korea will support a business building an LNG bunkering ship with 15 billion won (US$12.4 million). The country plans to financially support the business building the bunkering ship by covering about 30% of the total cost.
Brittania P&I Club reminds of the South Korean Ministry of Maritime Affairs and Fisheries (“MOF”) announcement about an air quality control programme that defines selected South Korean ports and areas as Emission Control Areas (ECA).
As reported earlier in 2020, South Korea has introduced domestically new environmental laws, applying voluntary speed limits for ships and SOx emission control areas in specific ports, starting from 1st September.
Although the COVID-19 pandemic has brought several negative impacts within the shipping community, South Korea managed to rank second, following China, concerning shipbuilding orders.
During a maritime drill, six South Korean Navy Sailors were injured on Tuesday, March 3, when a grenade exploded inside a high-speed battleship, with the reasons remaining unknown. It is stated that from the 30 sailors onboard the vessel, two were severely injured and four others sustained light injuries. All sailors were transmitted to nearby hospitals.
A total of 32 people were injured after an explosion at South Korea’s Lotte Chemical plant at Daesan Port, in the southwestern city of Seosan, which made the company to shut its naphtha cracker.
South Korea will take additional steps to support local shipping companies and passenger ferry operators, amidst increasing concerns over economic impacts due to the global spread of the new coronavirus. Specifically, South Korea will distribute 60 billion won (US$49.7 million) for passenger line operators and port cargo handling firms
The Busan Port Authority shake hands with Samsung SDS and inked an agreement in order to develop and operate a logistics center based in Rotterdam, Netherlands. In fact, through their contract, BPA will be responsible for the logistics hub’s establishment.
Following news that the owner of the ill-fated Stellar Daisy was found guilty over the bulk carrier’s sinking, the Busan District Prosecutors’ Office plans to appeal to a higher court, seeking greater punishments for those involved in the tragic incident.
Removing barriers to women joining the maritime sector, as well as the importance of education and how to increase visibility of women in maritime leadership roles, were some of the key challenges under the spotlight at a major symposium at IMO Headquarters in London, on 19 February.
