In this photo released by South Korea Coast Guard via Yonhap News Agency, a ferry sinks in the water off the southern coast near Jindo, south of Seoul, Wednesday, April 16, 2014. Nearly 300 people were still missing Wednesday several hours after a ferry carrying 459, most of them high school students, sank in cold waters off South Korea’s southern coast, killing at least two and injuring seven, officials said. (AP Photo/South Korea Coast Guard via Yonhap) KOREA OUT