Ferry with 300 on board believed sunk off Papua New Guinea

CANBERRA - A ferry with around 300 people on board is missing and is believed to have sunk off Papua New Guinea's north coast, Australian media said on Thursday.
The Australian Broadcasting Corporation said search and rescue planes were on their way to the area to search for the boat, which was traveling between the island of New Britain and the north-cost town of Lae.
Disaster authorities were unavailable to immediately comment.
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