Sinking Of The MV Sewol
On the morning of 16 April 2014, the ferry MV ''Sewol'' sank while en route from Incheon towards Jeju City in South Korea. The 6,825-ton vessel sent a distress signal from about north of Byeongpungdo at 08:58 KST (23:58 UTC, 15 April 2014). Out of 476 passengers and crew, 304 died in the disaster, including around 250 students from Danwon High School in Ansan. Around 82% of the ''Sewols casualties were children and out of the 172 survivors, more than half were rescued by fishing boats and other commercial vessels that arrived at the scene approximately 40 minutes before the Korea Coast Guard (KCG). The sinking of ''Sewol'' resulted in widespread social and political reaction within South Korea. Many people criticized the actions of the ferry's captain and most of the crew. Also criticized were the ferry's operator, Chonghaejin Marine, and the regulators who oversaw its operations, along with the administration of President Park Geun-hye for her response to the disaster a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MV Sewol
MV ''Sewol'' (Hangul: 세월호, Hanja: 世越號, ''Beyond the World'')The meaning has been widely, but incorrectly, reported as 歲月, 'time and tide.' was a South Korean vehicle-passenger ferry, built and previously operated in Japan. She operated between Incheon and Jeju City, Jeju. On 16 April 2014, Sinking of MV Sewol, ''Sewol'' capsized and sank with the loss of 304 passengers and crew. Description ''Sewol'' was a RoPax ferry that was built by the Japanese company Hayashikane Shipbuilding & Engineering Co. Ltd. () in 1994. At in length and in width, the ferry could carry 921 passengers, or a total of 956 persons, including the crew. The ferry had a legal capacity for 180 vehicles and 154 regular cargo containers. At its range was up to . Operations The ferry was originally known as ''Ferry Naminoue'' () between 1994 and 2012, and had been operated in Japan for almost 18 years without any accidents. In 2012, the ship was bought for billion ( million) by Chonghaejin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Negligence
Negligence ( Lat. ''negligentia'') is a failure to exercise appropriate care expected to be exercised in similar circumstances. Within the scope of tort law, negligence pertains to harm caused by the violation of a duty of care through a negligent act or failure to act. The concept of negligence is linked to the obligation of individuals to exercise reasonable care in their actions and to consider foreseeable harm that their conduct might cause to other people or property. The elements of a negligence claim include the duty to act or refrain from action, breach of that duty, actual and proximate cause of harm, and damages. Someone who suffers loss caused by another's negligence may be able to sue for damages to compensate for their harm. Such loss may include physical injury, harm to property, psychiatric illness, or economic loss. Elements of negligence claims To successfully pursue a claim of negligence through a lawsuit, a plaintiff must establish the " elements" of neg ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dow Jones & Company
Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'', '' Financial News'' and '' Private Equity News''. The company is best known for its historical publication of the Dow Jones Industrial Average (DJIA) and related market statistics. It published the DJIA from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group; News Corp sold CME its remaining 10% in 2013. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publication ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Park Geun-hye
Park Geun-hye (; ; born 2 February 1952) is a South Korean politician who served as the 11th president of South Korea from 2013 until Impeachment of Park Geun-hye, she was removed from office in 2017. Park was the first and to date only woman to be elected president of South Korea, and also the first woman to be List of elected and appointed female heads of state and government, popularly elected as a head of state in East Asia. She is also the first South Korean president to be born after the founding of South Korea. Her father, Park Chung Hee, was president from 1963 to 1979, serving five consecutive terms after he May 16 coup, seized power in 1961 and whom she served as First Lady of South Korea, first lady under from 1974 until his Assassination of Park Chung Hee, assassination in 1979. Before her presidency, Park was leader of the conservative Grand National Party (GNP) from 2004 to 2006 and leader of the Liberty Korea Party from 2011 to 2012. She was also a member of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President Of South Korea
The president of the Republic of Korea (), also known as the president of South Korea (), is the head of state and head of government of South Korea. The president directs the executive branch of the Government of South Korea, government and is the commander-in-chief of the Republic of Korea Armed Forces. The Constitution of South Korea and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the Prime Minister of South Korea, prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal liability (except for insur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chonghaejin Marine
Chonghaejin Marine Company Ltd. or Cheonghaejin Marine Company Ltd. () was a South Korean shipping company that operated the ferry MV ''Sewol'', which sank en route from Incheon towards Jeju in 2014. The ''Sewol'' capsized in the Maenggol Channel carrying 476 people, mostly secondary school students from Danwon High School; 172 passengers and crew survived, while 304 drowned or are still missing. The same year after the disaster, the shipping company filled for bankruptcy in June, and was officially dissolved in May 2016. Company Chonghaejin Marine Company Ltd. was set up on 24 February 1999, and became a key entity to consolidate Yoo Byung-eun's bankrupt company Semo's shipping business, taking over ships and assets held by Semo Marine, and had Semo's debts written off. Yoo Byung-eun's two sons are controlling the shipping firm through a majority stake in the investment vehicle I-One-I Holdings as well as 13 unlisted affiliates which through a tangled web of ownership stru ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ansan
Ansan (, ) is a city in Gyeonggi Province, South Korea. It lies southwest of Seoul and is part of the Seoul Metropolitan Area. It is connected to Seoul by rail via Seoul Subway Line 4. It is situated on the Yellow Sea coast and some islands lie within its jurisdiction. The largest and best-known of these is Daebu Island. Several higher learning institutions are located in Ansan. They include Ansan University, Shin Ansan University, Seoul Institute of the Arts, the ERICA campus of Hanyang University, and the Seoul Institute of the Arts. The Korea Transportation Safety Authority, a government agency, has also been headquartered in Ansan since June 3, 2002.Home page Korea Transportation Safety Authority. Retrieved on June 9, 2009. With its high number of foreign workers, Wongokbon-dong has been designated as a multicultural area. In 2021, Ansan was sel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Korea Standard Time
South Korea has one time zone, Korea Standard Time (UTC+09:00, UTC+9), which is abbreviated KST. South Korea currently does not observe daylight saving time. From May 8 to October 9 in 1988, daylight saving time was tested to better accommodate the calendar of competitions held during the 1988 Summer Olympics in Seoul. History In 1434, inventor Jang Yeong-sil developed Korea's first automatic water clock, which Sejong the Great, King Sejong adapted as Korea's standard timekeeper. It is likely that Koreans used water clocks to keep time prior to this invention, but no concrete records of them exist. In 1437, Jang Yeong-sil, with Jeong Cho, created a bowl-shaped sundial called the ''angbu ilgu'' (), which King Sejong had placed in public so anyone could use it. In 1908, the Korean Empire adopted a standard time, GMT+08:30. In 1912, during the Korea under Japanese rule, Japanese occupation of Korea, the Governor-General of Korea changed standard time to GMT+09:00 to align with Ja ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Byeongpungdo
Byeongpungdo, or Byeongpung Island, or Pyeongpung is an uninhabited island in South Korea's Dadohaehaesang National Park, with an area of 0.56 square kilometers. It is located at the southern extremity of Jindo County, South Jeolla Province, in the administrative division of Donggeochado-ri, Jodo-myeon. The island is formed from Cretaceous-era volcanic rock of the Yucheon Group, part of the Gyeongsang System which underlies much of South Korea. Although there is some vegetation, including thick groves of bay trees, the central part of the island consists solely of bare rock, rising sharply to a height of 129.4 meters above the water. Byeongpungdo is home to ten species of rare birds, including the nationally endangered streaked shearwater and peregrine falcon. In 2000 it was designated a specified island under the Special Act on the Preservation of Ecosystem in Island Areas Including Dokdo Island. On April 26, 2011, due to ongoing natural areas restoration and monitoring ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Distress Signal
A distress signal, also known as a distress call, is an internationally recognized means for obtaining help. Distress signals are communicated by transmitting radio signals, displaying a visually observable item or illumination, or making a sound audible from a distance. A distress signal indicates that a person or group of people, watercraft, aircraft, or other vehicle is threatened by a serious or imminent danger and requires immediate assistance.Aeronautical Information Manual U.S. Federal Aviation Administration, 2016 Use of distress signals in other circumstances may be against local or . An [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jeju City
Jeju City (; ) is the capital of the Jeju Province in South Korea and the largest city on Jeju Island. The city is served by Jeju International Airport (IATA code CJU). Located on an island off the Korean Peninsula, Jeju has mild, warm weather during much of the year. The city is a well-known resort, with prestigious hotels and public casino facilities. In 2011, 9.9 million passengers flew between the two cities of Seoul and Jeju, making the Gimpo– Jeju route the world's busiest passenger air route. Jeju welcomes over ten million visitors every year, mainly from the South Korean mainland, Japan, and China. The population of Jeju City is 486,604 people and 225,139 households (244,468 men and 245,136 women, May 2024). The population density is 503.18 (per square km, 2020). History The area of the city has played a central role in Jeju since before recorded history. The Samseonghyeol, holes from which the three ancestors of the Jeju people are said to have come, are loca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |