1.55pm: Emergency services are reporting the boat operator has been located at Narooma, safe and well. Police are speaking with him. Emergency services have been stood down.
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1.40pm: Moruya’s Lifesaver 23 is heading to Kianga Point, Narooma to reports a person is missing after a boat was swamped by waves.
This follows a warning put out by the Bureau of Meteorology on Wednesday morning to be careful of large swells along the South Coast.
"Large and powerful surf conditions are expected to be hazardous for coastal activities such as rock fishing, swimming and surfing," the bureau said.
A strong wind warning has been issued for Thursday from Batemans Bay up to the Hunter.
More information as it comes to hand.