Mangaluru, Aug 5 (PTI) A boat which had ventured into sea with 10 fishermen on board capsizedoff the Ullal coast on Thursday after colliding with the wreckage of a barge, coastal police sources said.

Nine persons on the boat were rescued by fishermen from another boat, while one man is missing and search is on for him, the sources said.

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The boat is owned by a person from Ullal near here.

It is suspected that it had collided against the wreckage of a barge that had capsized in the sea four years ago.

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The loss has been estimated at around Rs 1.30 crore, they said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)