MV Asia South Korea was a Philippines passenger ferry owned by Trans-Asia Shipping Lines that sank off Bantayan Island in Cebu province on 23 December 1999.

[1] The cargo ship MV Jon Dexter reported that they saw the ferry listing on its port side with no lights showing minutes before it sank.

The Jon Dexter[3] and the ferry MV St. Peter the Apostle rescued many survivors[4] before Philippine naval ships and military helicopters arrived.

[1] The local military authorities coordinating search and rescue efforts estimated the number aboard as 755.

[5] In early 2000 charges were laid against the master and chief mate of the Asia South Korea of failing to safely navigate their ship, manslaughter, and causing physical injury.