Philippines Suspends Ferry Operator’s Fleet After Deadly Sinking

The Philippines indefinitely suspended the entire passenger fleet of Aleson Shipping Lines, operator of a ferry that sank this week off the country’s southern coast which killed more than a...

By Ditas B Lopez · Bloomberg Markets

The Philippines indefinitely suspended the entire passenger fleet of Aleson Shipping Lines, operator of a ferry that sank this week off the country’s southern coast which killed more than a dozen.