Japan finds wreck of boat missing after accident that killed 14


TOKYO (Reuters) -Japan located on Friday the hull of a tour boat off its northern coast, the coast guard said, six days after the vessel disappeared in an accident that killed at least 14 people on a sightseeing trip.
TOKYO (Reuters) -Japan located on Friday the hull of a tour boat off its northern coast, the coast guard said, six days after the vessel disappeared in an accident that killed at least 14 people on a sightseeing trip.
The hull of the “Kazu I” was found on the seabed at a depth of about 120 metres (390 ft) off the northern island of Hokkaido in pitch-dark waters shown in footage from an underwater camera of the Maritime Self Defence Force, the coast guard said.
The boat went missing on Saturday several hours after departing for a tour of the peninsula, famed for its rugged coastal scenery and wildlife.
The 26 aboard included two children and two crew. Fourteen were found dead, a coast guard official told Reuters, with the rest unaccounted for.
The coast guard said a Russian guard ship lost sight of someone wearing a life jacket who was adrift at sea in waters west of an island Japan refers to as Kunashiri on Wednesday afternoon.
Kunashiri, known in Russian as Kunashir, is one of four islands north of Hokkaido that are at the centre of a territorial row between Tokyo and Moscow, after the Soviet Union seized them at the end of World War Two.
(Reporting by Daniel Leussink; Editing by Clarence Fernandez)
Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or entity to an insurance company in exchange for premium payments.
A financial crisis is a situation in which the value of financial institutions or assets drops significantly. It can lead to a loss of confidence in the financial system and can result in economic downturns.
Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets like stocks, bonds, or real estate with the expectation of future returns.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves strategies to minimize potential financial losses.
Financial markets are platforms where buyers and sellers engage in the trading of assets such as stocks, bonds, currencies, and derivatives. They play a crucial role in the economy by facilitating capital flow.
Explore more articles in the Top Stories category











