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| S Korea to break up coastguard after ferry disaster | |
| (35 minutes later) | |
| South Korea is to break up its coastguard in the wake of the ferry disaster in which about 300 people died, says President Park Geun-hye. | |
| In a televised address, she apologised formally for the sinking. | |
| A new safety agency would handle rescue duties, with investigative functions passing to the police, she said. | |
| The Sewol ferry disaster on 16 April killed 281 passengers, most of whom were high school students. Another 23 are still missing. | |
| "The ultimate responsibility of the poor response to this accident lies with me," President Park said, quoted by the AFP news agency. | |
| The ferry captain and three members of the crew have been charged with manslaughter. | |
| Prosecutors have indicted another 11 crew members for negligence. | |
| Only 172 passengers survived the sinking of the ferry, including 22 of the 29 crew members. | |
| An interim investigation found that a sharp turn was the main cause of the sinking, |