A US Navy warship has found the hull of the missing yacht – the Cheeki Rafiki.
Four sailors including former Sherborne dentist Paul Goslin have been missing since last Thursday after the boat started taking on water while travelling from Antigua to Southampton.
Foreign Office Minister for North America Hugh Robertson said: “I am sad to confirm that the search for the ‘Cheeki Rafiki’ has now been suspended. My condolences go out to the families of James Male, Andrew Bridge, Steve Warren and Paul Goslin at this very difficult and distressing time.
“The UK government is grateful to the US Coastguard and the Canadian search and rescue services for their efforts to locate the men. Their dedication has been unwavering, and they have done everything they could during the course of the search.”
A surface swimmer identified the name on the back of the bat, but could not go inside – reports the BBC.
Coastguards called off the search at 2am after locating the lifeboat still attached to the vessel.
"It is with sincere compassion for the families of these four men that our thoughts and prayers are with them all during this difficult time," said Captain Anthony Popiel, 1st U.S. Coast Guard District Chief of Response.
"The U.S. Coast Guard is always hopeful, and makes the utmost efforts to find and rescue those in peril. We have the greatest appreciation for the U.S.
"Navy and U.S. Air Force for working with us alongside the militaries of Canada and the United Kingdom during this massive search effort. It is only after our deepest consideration that we suspend our active search efforts."