A fisherman has drowned after his trawler overturned off the coast of Plymouth.
The search for Tony Jones was suspended earlier today.
Mr Jones' son Nick Jones and crewmember Chris Wonnacott were found clinging to the upturned hull of the boat, which had been fishing near the Eddystone Lighthouse.
At around 8.40pm yesterday the Coastguard received a 999 call reporting that a fishing vessel with three people on board was overdue in Plymouth, after fishing near Eddystone Lighthouse.
The Coastguard helicopter from Newquay located the Solstice PH199 around 4 miles south of Plymouth at approximately 1am, with two men on the upturned hull.
The men were rescued by the Plymouth RNLI lifeboat and transferred into the care of the South Western Ambulance Service.
An intensive search, which involved two Royal Navy warships, a Border Force vessel and RNLI lifeboats along with Coastguard helicopters, was launched for third man.
This afternoon the Marine Accident Investigation Branch (MAIB) confirmed the incident had resulted in the loss of one life.
The RNLI says the rescue was extremely challenging.
The Maritime and Coastguard Agency has now confirmed that a body has been recovered and the Solstice has sunk.