A cargo vessel that grounded off a Philippines island has been refloated after two days of operations.

The 50,472-dwt Belle Rose (built 2011) has now set sail again with the assistance of three tugboats, local media report.

It was pulled 100 metres backwards where the water was deeper.

The operation started on Saturday morning during high tide and was completed earlier today.

Belle Rose damaged 483 meters of stretched coral reef during its grounding off the famous dive spot at Malapascua Island.

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