One person was still stranded on the freighter "Hua Shan", said officials with the maritime safety administration of Shandong Province.
All 16 crewmen are from South Korea. None of the fifteen rescued were injured, state-run Xinhua news agency reported.
The Shandong maritime rescue centre received a report around 8 pm yesterday that the engine room of the freighter was on fire in waters about 18 sea miles off Chaolian Island, which is about 31 kilometres from Qingdao city.