A ferry carrying as many as 350 passengers capsized and sank off Papua New Guinea on Thursday, killing at least 100 people. The MV Rabaul Queen capsized in high seas roughly 50 miles off the island's eastern coast. Nearby ships and rescue helicopters have saved 230 of the vessel's passengers. Emergency officials are working to determine how many passengers may have been aboard when the ship sank. Australian Prime Minister Julia Gillard warned that the death toll would be significant. "It is likely a very high loss of life here," she said.
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