Three men, believed to be attempting to circumnavigate the world, were rescued by Australian Authorities from the Coral Sea.
The emergency signal was first detected at 1:30 am on Wednesday morning, and was found to originate from a 9-metre inflatable catamaran with three people on board.READ MORE:Both hulls of the inflatable catamaran were said to be damaged after "several shark attacks".
The Dugong Ace, a vehicle carrier registered to Panama, was asked by ASMA to go to the source of the signal, while a rescue aircraft was scrambled from its base in Cairns. The sinking catamaran, the Tion, was registered to a Russian crew who were attempting to circumnavigate the world.
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