Sadly, yea. There is a whole website dedicated to the ship (Schooner Niña) and the SAR efforts http://www.schoonernina.com/

Good share. fascinating rabbit hole to fall down. Interesting to read about other vessels which had been lost or abandoned in the same area and many months later washed up ashore rather than sinking.

What a sad loss. Why do people sail into a storm with 100+ km/h winds and 7.5m waves?