India's maritime rescue agency lost communication on Saturday with a Panama-flagged cargo vessel that sank off the coast of eastern India, the Indian Coast Guard said.
The vessel had 24 crew on board, including 20 Chinese nationals, three Myanmar nationals and one Bangladeshi, according to Commandant Amit Uniyal, a spokesperson for the Coast Guard.
The Coast Guard sent two vessels for the search-and-rescue mission from Sri Vijaya Puram, formerly known as Port Blair, Uniyal said.
The Coast Guard has rescued two people from life rafts. The search-and-rescue mission is under way for the seafarers on the vessel, the agency said.
The Ocean Winner was carrying iron ore to Singapore after departing from India's eastern Paradip port on Thursday, according to government sources, adding that the ship sank around 240 nautical miles from the port.
The cause of the sinking was unknown.
Captain Alekha Charan Sahoo, deputy conservator of the Paradip Port Authority, said he was praying for the safety of the crew on board and hoping for the best.

Two Palestinian teens killed in West Bank raid by Israeli settlers, army
Kuwait air defences deal with Iranian missile, drone attacks
US and Iran exchange attacks as lull in war appears over
Malta court clears businessman over murder of investigative journalist
Kuwait confirms no injuries after Iranian drone hits residential complex
Nepal flood rescue hopes dim as China restores access to Tibet disaster zone
At least 21 die in bus accident in Egypt's South Sinai, ministry says
Defendant pleads not guilty in Charlie Kirk capital murder case
