[Korea gimmingyeong financial newspaper reporter] section of the bud and the students and teachers who hold regular passenger time had sunk to the 295 people, including 23 days call finally came up to the surface. The tragedy occurred only in 1073. When the lift is complete, it is expected to examine the years have caused the sinking call, etc. In the meantime we've been silent suspicion.
Hull Insurance claims paid in court fighting among creditors and insurers also Chonghaejin Marine land could solve the clues are emerging again as a concern with time salvaged call.
Maritime Affairs and Fisheries is under way last August 2015 agreement salvaged the Chinese companies' Shanghai Sal busy "call time and salvage operations.
Naegeoleot 85.1 billion won the government has had to pay a deposit at the time the contract over 3 levels. Residual oil removal and loss prevention, such as the end of the Phase 1 work 21.3 billion won (25%), when the eyepiece is complete lifting and designated places 46.8 billion won (55%), land end of the grace and report the remaining 17 billion won (20%) It is expected to be paid.
Since last year, the government has signed an agreement to modify the additional paid 500 million won, including a rectangular fence installation costs, downtime and maintenance costs 6 billion won in 3m height installation attempted to prevent the loss of calligraphy in addition to the initial deposit. As a result, total gyeyakaek payable in Shanghai busy leak was reached to 91.6 billion won.
No. seonsain years Chonghaejin Marine was not going bankrupt shortly after the government completed an investigation. Loans of original Chonghaejin Marine is reportedly the debt ratio to a total of 20.3 billion won, including 10.8 billion won fund the facility reached 400%. This is mainly due to operational funding means yirwojyeo came through the financial loan.
No. This time, however, sank repayment becomes difficult jimyeonseo virtually impossible to additional borrowing by the financial sector due to worsening public opinion.
At the time, experts pointed out that with the situation Chonghaejin Marine 'weaker financial base is small contractor strengthening standards for vessels operating rights monitoring and management as not without side that caused the accident to excessive travel is required.
Chonghaejin Marine was signed up to a maximum limit of 11.4 billion won hull insurance and the $ 10 million limit on shipowners mutual insurance (P & I). Double hull insurance was found to join each one with Meritz 7.8 billion won (68.4%), combined shipping 3.6 billion won (31.6%).
Hull insurance is a type of marine vessel insurance compensation for damages incurred (target) due to an accident. However, it states experiencing hiatus on insurance payments as the cause of the sinking call time Chonghaejin Marine is forcibly converted cargo ship and excessive overload indication, ballast problems, including alleged basically keep you did not obey the safety rules.
If Chonghaejin Marine is proven to have violated the obligation to prevent harm to such illegal modifications on its 'reason for insurance payments section' Meritz has no obligation to pay the insurance money.
Current Chonghaejin Marine creditor status is waging a legal battle against Meritz. As the years dragged boring call is visible salvage the sinking time call attention if the cause can be clearly identified.
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