Market
What penalty, if any, will Taiwan impose on Shunxin39 for undersea cable damage by end of 2025?
3
Taiwan•Coast Guard Administration•CGA•Yehliu•New Taipei•Chunghwa Telecom•Keelung Coast Guard•Keelung•South Korea•Pusan
Resolution / Starting Odds
Financial penalty • 25%
Operational restrictions • 25%
No penalty • 25%
Other penalty • 25%
Official announcements from Taiwanese government or legal documents
Story
Taiwan Probes Shunxin39 Freighter for Undersea Cable Damage Near Yehliu, Seeks South Korea's Help
Jan 5, 2025, 06:48 AM
Taiwan's Coast Guard Administration (CGA) is investigating a Cameroon-registered freighter, identified as "Shunxin39," for allegedly damaging an undersea communications cable near Yehliu in New Taipei on January 4. Chunghwa Telecom, Taiwan's largest telecom operator, reported the damage to its four-core undersea cable and suspects the freighter's involvement, possibly due to anchor-dragging. A Keelung Coast Guard patrol boat located the vessel seven nautical miles north of Yehliu and ordered it to return to waters off Keelung port for further investigation. Chunghwa Telecom activated its emergency response, ensuring no disruption to domestic communications as backup systems restored services promptly. Taiwan has also sought assistance from South Korea in investigating the incident, as the vessel reportedly continued its journey toward Pusan. The CGA has collected preliminary evidence, which will be submitted to prosecutors for further action.
View original story
Similar markets
No • 50%
Yes • 50%
Cause remains undetermined • 25%
Accidental damage by Shunxin39 • 25%
Involvement of another entity • 25%
Intentional sabotage by Shunxin39 • 25%
Legal actions against Shunxin39 • 25%
Diplomatic actions against China • 25%
Increased maritime security measures • 25%
No additional actions taken • 25%
New cybersecurity measures • 25%
Diplomatic protests • 25%
Increased military patrols • 25%
No significant action • 25%
Yes • 50%
No • 50%
Other outcome • 25%
Inconclusive results • 25%
Found guilty of sabotage • 25%
Found not guilty • 25%
Admits involvement • 25%
Other response • 25%
No official response • 25%
Denies involvement • 25%
Increased surveillance measures • 25%
No significant changes • 25%
International cooperation agreements • 25%
Installation of physical barriers • 25%