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S. Korean ships impounded in China to be released after compensation

All Headlines 13:52 April 02, 2016

SHANGHAI, China, April 2 (Yonhap) -- Two South Korean ships impounded by Chinese authorities as they reportedly collided with a Chinese fishing boat last month will be released soon after completing negotiations over compensation, a South Korean diplomat said Saturday.

The two Korean ships -- a tugboat and a barge -- have been impounded in the eastern Chinese port city of Ningbo since they reportedly collided with the Chinese fishing boat on March 18.

The impoundment applies to the two ships, not the eight crew members of the ships, according to the diplomat at the Korean Consulate General in Shanghai.

After investigating the routes taken by the Korean ships, the Chinese authorities found evidence that they collided with the Chinese fishing boat.

Negotiations over compensation between the insurer of the Korean ships and the owner of the Chinese fishing boat have been underway, the diplomat said on the condition of anonymity.

The ships "will soon be released after the negotiations are over," the diplomat said.
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