From the BBC site:
Rescue as ship sinks off Lizard
A British container ship is sinking in the Channel 40 miles south of the Lizard in Cornwall.
All 26 crew of the MSC Napoli are abandoning ship and as yet there are no reports of injuries. Falmouth Coastguard is co-ordinating the rescue.
A Maritime and Coastguard Agency tug, the Anglian Princess, plus a helicopter from RNAS Culdrose, are heading towards the vessel.
The French are also involved in the rescue effort.
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