Korean Ferry Operator Relied On Cargo As Budget Airlines Took Off

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Korean Ferry Operator Relied On Cargo As Budget Airlines Took Off

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Korean Ferry Operator Relied On Cargo As Budget Airlines Took Off

by Wochit 0:46 mins

10,900 views

Korean Ferry Operator Relied On Cargo As Budget Airlines Took Off

by Wochit 0:46 mins

10,900 views

The operator of the South Korean ferry that capsized and sank this month with the loss of about 300 lives was apparently being squeezed by competition from budget airlines and had to increasingly rely on its cargo business. The Sewol ferry sank on a routine voyage south from the port of Incheon to the holiday island of Jeju on April 16th. Investigators have not determined the cause of the accident but media has reported that the ship was overloaded with cargo and it may have been poorly stowed.

Wochit

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