Two bodies have been recovered from the Frederick Henry Bay in southern Tasmania, during the extensive air, sea, and land search for four missing fishermen.
Four men, one of them a New Zealander, set off for a day's fishing near Cremorne yesterday.
They were in a five-metre fibreglass runabout fitted with a 150-horsepower motor, which was described by police as "old".
Police said the bodies were found near Sloping Main.
They are yet to be formally identified.
Police have grave concerns for the other two missing men.
The group, including three Hobart men aged 33, 32 and 26, and a New Zealand man, 35, were reported missing by a family member at about 6.45pm on Sunday when they failed to return from a fishing trip.
Police say they now believe the men left about 7.00am on Sunday and that the boat carried four life jackets, but no emergency beacon.
The rescue helicopter, an Australian Maritime Safety Authority plane and two police boats are continuing their search of Frederick Henry Bay and Storm Bay down to Cape Raoul for the two men who remain missing.
Foot searches have also been conducted around beaches and cliffs in the area.
A coroner's report is being prepared for the two people found today.