A shipping container which fell from the APL England two months ago, could appear off the NSW south coast near Jervis Bay in the next 48 hours.
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Marine Rescue regional commander Bruce Mitchell said the container had last been detected 26 miles east off Gerringong.
"There's a 40ft container plus associated debris floating with it, it's just under the surface and the modelling indicates it will hit somewhere between Point Perpendicular and Beecroft Head," he said.
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Only one container has been reported but it's possible there could be more.
The container could pose a serious danger to vessels.
"If a small recreation vessel hit it, I wouldn't like to be on that boat when it happened.
"But the weather conditions are on our side, because it's really not suitable out there today."
If you spot the container in the water or onshore call Maritime NSW on 13 12 36.
The APL England, which lost about 50 containers off the coast of Sydney on May 24, arrived at the shipyard in China on July 4 and remains under detention while the vessel undergoes repairs.