Yesterday at 2130 hours local time a panama flag cargo ship, belonging to China’s Lishen International Shipping Group Corporation, with a crew of 19 sank in South Korea’s southeast Pohang harbor during a storm. The Chinese Consulate General in Busan reported that up until now 9 people have been reported dead, 8 have been rescued and 2 are missing. 18 of the crew were Chinese and 1 Vietnamese. The South Korea’s coast guard conducts the rescue operation.