Brisbane Water Police are currently coordinating a search in Moreton Bay, Queensland Police say.
At 6.30am police were notified that a canoe had been found drifting near South West Rocks on Peel Island.
The canoe is about 240cm long, yellow in colour with a blue band. There are two fishing rods in the canoe and fresh bait.
It is unknown if anyone has fallen out of the canoe or if it has drifted away from a camp site.
There are currently three water police vessels and two helicopters conducting a search of Moreton Bay in relation to the matter.
Police are appealing for anyone who recognises the canoe or can supply further information to contact them.
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