At least five people were killed and 87 are missing after a ferry caught fire in the Philippine province of Palawan, the Coast Guard said on Thursday.

The incident aboard the MV June Aster occurred on Wednesday evening about 2.2 kilometers (1.3 miles) off the shore of the municipality of Coron, where it was headed after departing from Baseco ​in Manila.

Coast Guard officials said 42 people had been rescued, including 38 passengers and four crew members.

Footage released by the Coast Guard showed the vessel engulfed in flames, and bodies placed in body bags.

Volunteer fisherfolk assisting the survivors from the ferry that caught fire off PalawanImage: Philippine Coast Guard/AFP