09/06/2015 05:32 EDT | Updated 09/06/2016 05:59 EDT

Fishing Boat Capsizes Near Tofino

Frank Pali via Getty Images
Canadian Coast Guard boat floating in Howe Sound, British Columbia, Canada

VICTORIA — Three men are dead after a commercial fishing boat capsized near Tofino, B.C.

A fourth man was rescued from a life raft early Sunday morning, said Lt. (Navy) Nicole Murillo with the Joint Rescue Co-ordination Centre (JRCC).

The crew was hauling in a net when the ship listed, Murillo said.

"They tried to correct it but unfortunately, the ship capsized and subsequently sunk."

The company that owns the 33-metre dragger notified the Coast Guard after crews failed to check-in around 10 p.m. Saturday night.

The Coast Guard sent out three vessels and an aircraft, and found the survivor in a life raft around 1:30 a.m.

He was taken on to a cruise ship that had a full medical facility, and was transferred to hospital in Victoria Sunday afternoon.

The bodies of two of the fishermen were found Sunday morning.

Coast Guard boats and a helicopter, and several fishing vessels searched for the fourth man Sunday, and eventually found his body.

Murillo said early reports indicate the survivor was the only crew member wearing a life jacket.

The boat was fishing in a remote area about 55 kilometres off of the west coast of Vancouver Island.