Published by Global Banking & Finance Review®
Posted on December 27, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on Google
A Spanish family of four is missing after their boat sank near Indonesia's Padar Island. Rescue operations continue amid challenging weather conditions.
MADRID/JAKARTA, Dec 27 (Reuters) - Four members of a Spanish family are missing after a boat carrying eleven people sank off the coast of Indonesia in extreme weather, Spanish and Indonesian authorities said on Saturday.
The father and three of his children, who were on holiday in Indonesia, have been missing since Friday night when the boat capsized in waves of up to three metres in the Padar Island Strait near the island of Labuan Bajo, a popular tourist spot.
Rescue teams searched the waters, still choppy with high waves and strong currents, from the early morning until 6 p.m. local time, finding wreckage and debris of the boat.
Authorities halted the search overnight and will resume on Sunday morning local time, Indonesia's search and rescue agency SAR said in a statement.
The mother and one daughter from the Spanish family, as well as four crew members and a tour guide, were rescued and safe, the agency added.
(Reporting by Victoria Waldersee, Dewi Kurniawati in Jakarta; Editing by Andrew Cawthorne)
Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or business to an insurance company in exchange for premium payments.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves strategies to minimize potential losses and maximize opportunities.
Financial services refer to a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and financial transactions.
Explore more articles in the Headlines category
