Chonghaejin Marine

Chonghaejin Marine Co. Ltd.
Native name
Hangul: 청해진해운
Hanja: 淸海鎭海運
Company typeShipping
Founded24 February 1999
Defunct9 May 2016
FateBankruptcy after Sinking of MV Sewol
Headquarters
Incheon
,
South Korea
Key people
Kim Han-sik, CEO
Yoo Byung-eun (former Chairman)
ProductsShipping

Chonghaejin Marine Company Ltd. or Cheonghaejin Marine Company Ltd. (Korean: 청해진해운; Hanja: 淸海鎭海運[1]; RR: cheong-hae-jin-hae-un) was a defunct 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.[2][3]

The same year after the disaster, the shipping company filled for bankruptcy in June, and was officially dissolved in May 2016.

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