Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Korea

South Korea to improve shipping by 300 maritime rules, $728,000 to allocate for development

byCustoms Today Report
09/02/2015
in Korea, Ports and Shipping
Share on FacebookShare on Twitter

SEUOL: South Korea will review around 300 maritime rules in this month to improve shipping safety after last year’s Sewol ferry sinking.

The government has been criticized over its handling of the tragedy, which led to nearly 300 people, mostly school students, drowning. Nine people are still missing. The policy review has been instigated by the Ministry of Oceans and Fisheries and follows the dismantling of the coast guard and the prosecution or resignation of many other people associated with the vessel’s management.

You might also like

Container ships wait to be unloaded at the Port of Oakland on Wednesday, March 7, 2018, in Oakland, Calif. The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday. (AP Photo/Ben Margot)

Shipping activity at Port Qasim on February 11

11/02/2021

KPT ships movement, cargo handling report Feb 10

09/02/2021

Sewol was overloaded at the time of its sinking in April 2014. Poor steering was also cited as one of the causes of the accident.News agency Yonhap reports that the ministry will allocate 800 million won ($728,000) to conduct detailed evaluations of the main sea routes around South Korea, with another 4 billion won ($3.6 million) to be spent on introducing new safety guidelines for ships operating around the major ports of Ulsan, Gwangyang and Incheon.

In addition, the ministry will follow through on reforms announced in September last year that call for the government to directly regulate safety, to increase the amount of fines for rule violations from 30 million won ($27,000) to 1 billion won ($911,000), and to reduce the age of vessels that can be used as car ferries from 30 to 25 years, says Yonhap.

Further new rules being introduced include making it mandatory for all crew members to wear uniform. In order to ensure shipping companies are profitable and therefore able to maintain safety standards and train their crew, the government will allow them to apply fuel surcharges and charge higher fares for weekend operations. The ministry is also tightening safety requirements for fishing vessels which made up around 75 percent of the nation’s maritime accidents during the past five years.This entry has been created for information and planning purposes. It is not intended to be, nor should it be substituted for, legal advice, which turns on specific facts.

Tags: 300 maritime rulesSeuolshippingSouth Korea

Related Stories

Container ships wait to be unloaded at the Port of Oakland on Wednesday, March 7, 2018, in Oakland, Calif. The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday. (AP Photo/Ben Margot)

Shipping activity at Port Qasim on February 11

byCT Report
11/02/2021

KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...

KPT ships movement, cargo handling report Feb 10

byCT Report
09/02/2021

KARACH: Following were the movements of ships and cargo handling at the Karachi Port Trust (KPT) during the last 24...

Container ships wait to be unloaded at the Port of Oakland on Wednesday, March 7, 2018, in Oakland, Calif. The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday. (AP Photo/Ben Margot)

Shipping activity at Port Qasim on January 8

byCT Report
08/02/2021

KARACHI: Five ships namely, Diyala, MSC Jasmine, Stena Image, BW Danube, Goral Frost and carrying Containers, Palm oil, Mogas and...

Container ships wait to be unloaded at the Port of Oakland on Wednesday, March 7, 2018, in Oakland, Calif. The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday. (AP Photo/Ben Margot)

Shipping activity at Port Qasim Feb 3

byCT Report
03/02/2021

KARACHI: Three ships namely, Maersk Detroit, Aye Evolution and Yufu Crown carrying Containers, Coal and Gas oil were allotted berths...

Next Post

High coffee intake lowers endometrial cancer risk in women

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.