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India: Cochin Port Trust suffers loss

The wreckage of the fishing vessel `Neethiman' - which sunk on September 19 on the navigational channel of the Cochin Port Trust (CPT) - was completely removed on Friday.

The channel was opened to vessels on Saturday.

The vessel sunk on the channel when the fisheries department engaged in towing of the sinking fishing boat to the harbour.
The unusable state of the channel caused the CPT severe losses as it led to the cancellation and diversion of several ships for an 11-day period. The CPT estimates a loss of Rs. 29.5lakh .

"It may be noted that the absolute recklessness with which an unseaworthy vessel was brought into the navigational channel of the Port has caused immense loss to CPT. Movement of such unseaworthy vessels is prohibited as per the ISPS Code and the notifications of director general of shipping," read a statement issued by the port.

"It is surprising to note that such corroded unseaworthy vessels were given license renewals and allowed to run posing danger to everyone. This incident point fingers to the fact that allowing such irresponsibly handled unseaworthy condition vessels could be a cause for security hazards in future and hence proper registration and monitoring system has to be implemented by registering authorities," the statement said . 

Source: TOI

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