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Businesses hope for revival in fortunes after Sewol's salvage

When ferry sank three years ago killing over 300 people, it also devastated enterprises close to the wreck site
Monday, March 27, 2017 - 05:50

"Fishermen call it the devil's water," says hire boat captain Park Tae-Il, standing before his vessel at a small fishing port adjacent to Paengmok harbour on South Korea's southern island of Jindo. "The atmosphere is cold because so many young lives were lost."

Jindo, South Korea

WHEN South Korea's Sewol ferry sank three years ago killing more than 300 people, it also devastated businesses close to the wreck site. Now owners hope its salvage will herald a change in their fortunes.

The ship went down in an archipelago off southwestern

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