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(3rd LD) S. Korean Navy ship sinking in Yellow Sea

All Headlines 23:30 March 26, 2010

(ATTN: UPDATES with emergency meeting of security-related ministers in final para)

SEOUL, March 26 (Yonhap) -- A South Korean Navy ship with 104 crew members on board was sinking off the Seoul-controlled island of Baengnyeong in the Yellow Sea, near North Korea, Navy officials said Friday.

The 1,500-ton ship sank between 9:00 p.m. and 10:00 p.m. near the island, but the cause of the accident was unknown, the officials said. A rescue operation was underway, they added.

There were no immediate reports of casualties, they said, adding there was an unspecified explosion in the rear of the ship.

The South Korean government has convened an emergency meeting of security-related ministers, according to the officials.

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