South Korea ready to start work to salvage sunken ferry

2015-04-20 16:15
(Yonhap, AP)

(Yonhap, AP)

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Seoul - South Korea's oceans ministry says it's ready to start work to salvage a ferry that sank last year, killing more than 300 people.

The Ministry of Oceans and Fisheries says it will ask the safety agency to approve plans to hoist the ship from the sea floor off the country's southwest coast.

A ministry statement on Monday said it aims to choose a company to hoist the ship within two months of getting formal approval for the salvaging. It said some of the work to salvage the ship could start in October.

The safety agency is widely expected to endorse the plan. President Park Geun-hye promised on Thursday - the anniversary of the 16 April, 2014, sinking - to lift the ship.

The estimated cost of raising the ferry is $91-137 million.

Read more on:    park geun-hye  |  south korea  |  ferry disaster

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