A 5.3-magnitude earthquake hit Morobe province in the northern part of Papua New Guinea today. The quake's epicenter was located 39km from the Finschhafen area, at a depth of 101.5km, as reported by the US Geological Survey. Thus far, there have been no reports of casualties or property damage resulting from the quake. Papua New Guinea sits within the Ring of Fire, a region known for its high seismic and volcanic activity, encompassing 90% of the world's active volcanoes.