Three rescued, one missing after Kodiak sinking

Three crewmen have been rescued but a fourth is missing after the fishing vessel Advantage sank 14 miles southeast of Kodiak, the U.S. Coast Guard reports.

A search began just after midnight when the Coast Guard in Juneau picked up an emergency position indicating radio (EPIRB) beacon.

After several unsuccessful attempts to contact the vessel, the Coast Guard sent a helicopter out of Kodiak.

The helicopter crew located a life raft with three Advantage crewmen aboard, and began hoisting them to safety.

The three were showing signs of hypothermia and were taken to Kodiak.

"We are continuing to search for the missing crewman with helicopters from Air Station Kodiak," said Coast Guard Lt. Robert Baysden. “Having the EPIRB aboard the fishing vessel was key to alerting us that there was an emergency.”

The 58-foot Advantage is homeported in Kodiak. State records show it uses longline, pot and trawl gear. The owner is listed as Advantage Fisheries LLC of Gig Harbor, Wash.