• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Han River Bus Stranded on Riverbed, Highlighting Ongoing Safety and Financial Woes

KO YONG-CHUL Reporter / Updated : 2025-11-16 06:48:37
  • -
  • +
  • Print


 (C) Seoul Metropolitan Government


Seoul's ambitious Han River Bus transportation system is facing a severe crisis of confidence following another major operational failure. On the evening of November 15, 2025, a vessel carrying over 80 passengers became completely stranded after its hull ran aground on the shallow riverbed near the Jamsil Ferry Terminal in Songpa-gu.

The accident, which occurred around 8:30 PM, involved Line 102 of the river bus service. Although authorities quickly mobilized the Fire Department and the Han River Police to the scene, and all 82 passengers were safely rescued within an hour, the incident underscores mounting concerns over the service’s safety and operational stability.

This grounding is the latest in a series of setbacks. Internal reports have since confirmed a total of 16 accidents between March and October 2025—more than double the publicly admitted number. These incidents, which included collisions with buoys and dock structures, have largely been attributed to operator inexperience and difficulties navigating the river, challenging the city’s claims that the failures were minor and unrelated to vessel safety.

The project is also sinking under an enormous financial burden. The estimated cost has ballooned from an initial 54.2 billion KRW to over 150 billion KRW, with annual operating costs now projected at 20 billion KRW—nearly double the initial forecast. Furthermore, the service’s core value as a commuter option has been eroded, as promised travel times were significantly extended due to shallow water limitations on vessel speed. This renders the bus non-competitive with existing subway lines.

These persistent safety issues, combined with significant cost overruns and allegations of dubious contract processes during procurement, have amplified public outcry. Demands are growing for a comprehensive investigation into the Seoul Metropolitan Government's involvement and for a critical re-assessment of the entire Han River Bus venture, which critics fear is destined to become a second costly failure, much like the city’s previous water taxi project.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Taiwanpost
  • #Samsung
  • #Doosa
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention

  • Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published

  • Commentary That Douses the Joy of Victory: A Twisted Perspective

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065563208948798 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year
  • HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships
  • Pearl Abyss’s 'Crimson Desert' Shatters Records with 2 Million Copies Sold on Day One
  • "BTS Over Books?" Indian Academies Issue Emergency Notices as Students Plot Mass Absences for Comeback Live
  • Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform
  • JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers