BALDWIN: Breaking news in the search for the cargo ship "El Faro" lost during Hurricane Joaquin. The Navy says they've found the wreckage, up right, in one piece, they're saying, some three miles below the surface near the Bahamas. This comes as the ship's owner has filed a lawsuit to block legal action from the families of the missing ship's crew, and the company says it did everything in its power to ensure the ship is safe and should bare no financial liability. So Martin Savidge has been working this for us and joins us from Atlanta. Martin Savidge, first of all, how did they find this?</s>MARTIN SAVIDGE, CNN CORRESPONDENT: They had a rough idea of where this vessel might be given this position it was lost on October 1st. There were 33 people on board. So they have a good idea of where to look. Over the weekend they did spot something on the bottom and it seemed to match the dimensions of the vessel. Nearly 800 people. And they also discovered it appears to be upright. Apparently, today, they sent down a camera to make a positive I.D. And that's coming from the U.S. Navy and NTSB. The good news about it being upright is when trying to recover it, the black box, if the ship is upright, it should be located near the bridge of the ship on the outside of the vessel. It should be able to retrieve it. Once you have that, you have basic information about speed and most important communication between the ship and those on shore what was being said in the final moments. So all that could be crucial to trying to determine what really happened in the last moments of that vessel's life and those on board.</s>BALDWIN: For those families, they need that and deserve that. Martin Savidge, thank you.</s>SAVIDGE: You're welcome.</s>BALDWIN: Coming up next, what a CNN investigation is revealing about three different hazing deaths on three major college campuses. Did the schools know trouble was brewing before tragedy struck? That's next.
"El Faro" Found on Ocean Bottom