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Possible clue in yacht's disappearance

A piece of wood with the letters "ina" on it has given families of the missing American yacht Nina hope the mystery of its disappearance may be solved.

But now the piece of wood, seen recently on a Queensland beach, has been lost again and families concede it could equally have come from a sign with the word "China" or, more likely, "marina," on it.

Seven people were aboard the 85-year-old American-flagged schooner when it sailed from Opua in Northland on May 29, bound for Newcastle, Australia. It was last heard from on June 4 during storm in the Tasman Sea.

A massive New Zealand-led search found nothing and was called off, but families of the missing continue to look.

Click here for the full report from New Zealand.