Core Viewpoint - On September 15, 2025, Yangzhou COSCO Shipping Heavy Industry Co., Ltd. was fined by Zhangjiagang Maritime Bureau for violating navigation speed regulations during restricted speed zones and high water periods [1][2]. Group 1: Company Overview - Yangzhou COSCO Shipping Heavy Industry Co., Ltd. is a subsidiary of China COSCO Shipping Group, established in May 2007, primarily engaged in the manufacturing of medium and large vessels and floating offshore structures [3]. - The company has successfully delivered over 220 vessels, totaling 22 million deadweight tons, to shipowners worldwide [3]. - It possesses a 3,500-meter shipbuilding waterfront with seven large berths, including one 80,000-ton dry dock and two 400,000-ton dry docks, with an annual planned capacity of 3.5 million deadweight tons [3]. Group 2: Regulatory Action - The fine imposed on Yangzhou COSCO Shipping Heavy Industry amounted to 2,000 RMB for not adhering to the prescribed navigation speed during restricted periods [2]. - The penalty was based on Article 17 of the Administrative Penalty Regulations for Inland River Maritime Affairs and Article 81 of the Inland River Traffic Safety Management Regulations [2].
因未按规定航速航行等,扬州中远海运重工领罚