Divers were searching for five people still missing after the Kim Nirvana carrying 173 passengers and 14 crewmen capsized as it was leaving Ormoc port in the central Philippines yesterday.
Crowds of anxious relatives waited at the port as divers manoeuvred their inflatable boats through the choppy waters to the upturned hull of the ferry, its brightly painted orange and green bow just poking above the surface.
Transportation Secretary Joseph Emilio Abaya told reporters 141 survived, including all the crew, while five others were missing.
Abaya said government investigators would summon the crew to determine the cause of the accident.
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"We will get to the bottom of this and make sure that this does not happen again," he said.
The ship was on its regular run to the Camotes island group, about an hour's sailing away when it capsized.
Survivors have recounted how the 33-tonne vessel was backing out of the port when it suddenly overturned, giving them no chance to put on life jackets.
The 10-year-old said he was standing near the deck when it tilted, allowing him to jump into the water, but he was unable to look behind him to see if his family had also escaped.
"I'm very sad because I don't know if they are still alive," he said before his youngest brother's remains were brought to shore.
"I am never riding a boat again," he told AFP, as he was comforted by his aunt whose eyes were swollen from crying.
"We're losing hope that she is still alive, but if she's dead at least we want to find her body," Degesica told AFP.
Blood seeped through one of the body bags as it was loaded into an ambulance at the port, an AFP photographer saw.
Divers briefly stopped their search in the morning as the waters became choppy due to Tropical Storm Linfa, which was set to brush past the northern Philippines later today, said Chief Superintendent Asher Dolina, one of the ground commanders.