The body of a boat owner who went down with his vessel was recovered on Saturday, after more than 60 hours in the sea.
In the accident on Thursday morning, the boat sank about 6km off the coast, in the area between Pulau Bukom and Sentosa, Shin Min Daily News said.
The owner of the boat, Tan Eng Hin, 58, had been delivering metals and other goods at sea for three decades.
On the day of the sinking, there was another crew member on the boat, but he managed to escape.
Mr Tan's wife was informed of his death at 7am on Thursday.
"The worker didn't even tell us my husband met with an accident. How could he?" Mrs Tan told Shin Min.
Police said they retrieved the body of a man in his 50s, who was found floating in the water on Saturday evening.
The body was already highly decomposed. It will be cremated today.
The police have classified the incident as an unnatural death, and are investigating.
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