( CNN ) -- At least 55 people have drowned or are missing after a boat capsized off the Somali coast on Tuesday evening , the United Nations Refugee Agency said Thursday in a statement . Ethiopians and Somalis were on the boat . Twenty-three of the 55 victims have been recovered , the agency said . The dead include more than a dozen women and a boy believed to be about 4 . The incident marks the largest loss of life in the Gulf of Aden since February 2011 , when 57 Somali refugees and migrants from the Horn of Africa drowned while attempting to reach Yemen . Five survivors told refugee agency representatives that the boat was overcrowded and started having trouble soon after leaving the port of Bosasso in northern Somalia on Tuesday . It 's capsized 15 minutes into its journey . At least 100,000 people have crossed the Red Sea and the Gulf of Aden this year , despite warnings from U.N. and aid agencies about the risks of those kind of trips . Before Tuesday 's incident , 95 people had drowned or gone missing this year in the waters between Somalia and Yemen .
United Nations Refugee Agency says 55 people are drowned or missing . Ethiopians and Somalis were on a boat that capsized off Somali coast . 23 bodies have been found , agency says .