The United States Geological Survey said the quake struck 51 miles east of the Loyalty Islands at 9.43am local time (10.43pm GMT).
The Tsunami warning was issued by the Pacific Tsunami Warning Centre (PTWC) for New Caledonia and Vanuatu islands.
SYDNEY | A powerful natural disaster with a magnitude of 7.3 occurred on Monday off the coast of the French islands of New Caledonia, in the Pacific ocean, announced the american geological institute (USGS).
A 6.4 magnitude natural disaster struck in the Pacific Ocean a day earlier near the Loyalty Islands. "Tsunami waves are forecast to be less than 0.3 meters above the tide level for the coasts of Vanuatu", the USGS said.
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The alert stated that "hazardous tsunami waves" were possible within 300km of the epicenter, reported Dailymail.
New Caledonia is about 2300km north of New Zealand.
"Based on current information, the initial assessment is that the quake is unlikely to have caused a tsunami that will pose a threat to New Zealand", it tweeted.
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