The licence of Chonghaejin Marine wasrevoked on Monday, the Yonhap news agency reported.

The ministry of oceans and fisheries saidthe Incheon Regional Maritime Affairs & Port Administration annulled theIncheon-Jeju licence.

The shipowner did not raise any objections.

Sewol sank on 16 April near Jindo island,killing more than 300 passengers, many of them schoolchildren.

Chonghaejin had already said it wouldvoluntarily surrender all of its operating licences and has not been runningvessels since the tragedy.

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