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South Korean rescuers and dive teams worked frantically under floodlights as fears rose for nearly 300 people missing after a ferry sank Wednesday with 462 on board, mostly high school students bound for a holiday island.

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Calling back memories of the Falkland Islands war, Argentina has blocked a cargo ship from leaving one of its ports after suspicion arose that the vessel would supply oil drilling equipment to the British-occupied islands. The Argentines allege that the ship was trying to aid in an "illegitimate" search for oil and gas.

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A Yemeni freighter has become the 39th vessel seized by Somali pirates this year. Such hijackings have become a common occurrence off the coast of Somalia. Ship owners have called on the U.N. to police the affected waters.

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