By Steve Beck, Syma Chowdhry

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CAPE MAY, N.J. (CBS) — The Coast Guard has suspended its search for a missing boater after a boat with three people aboard capsized in the Delaware Bay Thursday morning.

According to the Coast Guard, a 40-foot fishing boat, named Linda Claire, was dredging for crabs about six miles west off the shore of Cape May when it sank at about 8:30 a.m.

Chris Serra, 27, and Dave Wood, 25, were rescued by good Samaritans aboard the vessels Captain Brown and Sandra Lee.

However, 24-year-old Josh Cattlet remains missing after the boat capsized. Rescue crews are using a helicopter and boats to search for Cattlet.

“They are saying I’m going to die, I am going to go die,” said Jonathan Alexander.

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He was fishing when he heard a call about a boat that capsized.

“We spotted two men floating in the water. We got close enough to them to throw the ring, and the captain, Chris, he didn’t have enough strength to even reach for the rain, and then I dove in. Swam to him, grabbed him, grabbed the ring and they pulled me back. We got him on the boat, stripped all his clothes down and got him in a thermal blanket,” said Alexander.

“He was purple from head to toe, his ankles were swollen and he was severely hypodermic. I think, when I got up to him, he sank under the water, I had to grab him and pull him back,” said Alexander.

Serra and Wood were taken to emergency medical services personnel ashore at Coast Guard Station Cape May.

The search for Josh Cattlet continued until sunset Thursday night.

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