Ferry Sinks In South Korea, Nearly 300 Still Missing [PHOTOS/VIDEO]

South Korea Ship Sinking
(AP Photo/Yonhap)

South Korea says nearly 300 people remain unaccounted for after a long-distance ferry sank off its southern coast.

FOX News Radio's Alastair Wanklyn looks at the rescue operation:

Audio clip:

Rescuers pulling survivors onto land and wrapping them in blankets, many of them children.

Some survivors say as the ship began to tilt they jumped into the freezing sea, but many others were downstairs in the cabins and entertainment area, and when the ship rolled over they may have been unable to get out.

South Korean officials say...

(Korean)

...dozens of rescue vessels and helicopters are searching for survivors in the water, and South Korea's Navy was sending an underwater demolition team, potentially to blast into the hull to reach those trapped inside.

In the Asia Bureau, Alastair Wanklyn, FOX News Radio.

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VIEW PHOTOS of the sinking ferry and the rescue efforts in South Korea (Photo Courtesy: AP):