The Coast Guard is searching the waters between Florida and the Bahamas for 38 missing people from a capsized vessel suspected of being involved in a human smuggling operation.

Coast Guard Captain Jo-Ann Burdian said at a Wednesday morning press conference that one body had been recovered and one survivor was rescued after nearly 24 hours of search and rescue operations between Fort Pierce, Florida, and the island of Bimini in the Bahamas. A commercial ship rescued the only known survivor Tuesday morning, who said the vessel with 39 other people capsized due to bad weather shortly after launching from Bimini on Saturday night.