The 58 foot long fishing vessel Advantage sank near Kodiak Island, Alaska.  The vessel went down during the night in 8 foot seas.   The vessel’s emergency beacon alerted the Coast Guard who dispatched a helicopter to the scene.  The helicopter found three of the four men on board in a life raft.   The men were winched up and taken to Kodiak Island to receive treatment.   The men did not have time to put on survival suits and suffered from severe hypothermia.  The Coast Guard launched additional helicopters and aircraft to search for the missing crewman.   Reports state that one of the crew rescued later perished.   A debris field was spotted by the Coast Guard near where the Advantage sank.   The Coast Guard has started an investigation into the sinking.

Coast Guard Video of the Rescue