A cargo ship capsized while loading over-weight goods at a port in Yangon on late Wednesday, the official Global New Light of Myanmar reported Thursday.
No casualties were caused so far.
With eight crew members on board, the ship, MV Shwe Let Wa, running on Yangon-Sittway coastal route, sank at 06:20 p.m. local time while loading goods at Bargayar Port in Kyimyindine township, west of Yangon.
Due to unbalanced weight of the goods which include two motor cars and heavy barrels of oil, the ship began to lean and then capsized, causing a loss of cargo worth some 100 million kyats (73,279 U.S. dollars).
The authorities were recovering lost goods in the area where the ship sank.
The captain of the ship has been charged to court.
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