In two recent articles titled “Daughter of late Sewol owner faces extradition from France” and “Court rejects reward payment to man who reported ferry Sewol owner’s body,” The Korea Times wrongly identified Yoo Byung-eun as the owner of Chonghaejin Marine that operated the ferry Sewol. Yoo did not directly own any share of Chonghaejin Marine either under his name or a borrowed name. We regret the error.