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The crew of a luxury cruise ship promptly notified authorities at approximately 6 a.m. today.
Reports indicate that the vessel is carrying a total of 123 individuals, comprising 80 passengers and 43 crew members.
The Australian Maritime Safety Authority (AMSA) has confirmed in a statement that all passengers and crew are unharmed.
An officer from the Papua New Guinea Maritime Rescue Coordination Centre has also boarded the ship to provide assistance with the ongoing situation.
Efforts are underway to refloat the ship, with crews waiting for high tide to determine any potential damage.
This incident marks another chapter in what has been a challenging couple of months for the ship, following its previous headline-making events in October.
Suzanne Rees, an 80-year-old New South Wales tourist, was found dead on remote Lizard Island several hours after being left behind by the Coral Adventurer.
The tragedy ultimately sparked several investigations, including by the AMSA and Workplace Health and Safety Queensland, which remains ongoing.
This latest 12-night cruise, which costs $13,280 per person, departed from Cairns on December 18, reaching Papua New Guinea last Saturday on December 20.
It’s then been cruising up the coastline over the past week before this latest bungle happened on December 27.
Passengers were due to disembark on December 30.
Coral Expeditions responded on Saturday evening, saying an initial inspection has found no damage to the vessel and further investigations will be undertaken.