This photo provided by the Japan Coast Guard shows a vessel that has broken apart and leaked oil off Hachinohe, northeastern Japan, Thursday, Aug. 12, 2021. The Panamanian-registered cargo ship, Crimson Polaris, ran aground in the northern Japanese port and later broke in two parts and was spilling oil into the sea, Japanese Coast Guard said Thursday. (Japan Coast Guard via AP)
A cargo ship broke into two pieces after running aground in a northern Japanese port and is spilling oil into the sea, Japan's coast guard said Thursday.
All 21 Chinese and Filipino crew members were safely rescued by the coast guard, said the ship's Japanese operator, NYK Line.
The 39,910-ton wood-chip carrier Crimson Polaris went aground Wednesday while sailing inside Hachinohe Port. It managed to free itself from the seabed, but suffered a crack which widened and eventually caused the vessel to split into two early Thursday, the coast guard said.
Officials were trying to contain the oil spill. The amount of oil leaked is under investigation, NYK Line said in a statement.
The broken hull of the Panamanian-registered ship has drifted about 4 kilometers (2.4 miles) off the coast, it said.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
Brad Bernstein, managing director at UBS Private Wealth Management breaks down the state of the U.S. economy and what to expect from Fed policy from the rest of the year.