The search for the missing Tony Higgins and his boat is continuing this morning off the coast of Victor Harbor.

South Australia Police kicked off the search again at first light this morning after trying to locate the missing boat and skipper until 11pm last night.

Yesterday, alarm was raised just after 5am when police received a call from Higgins saying that his boat was taking on water near Granite Island.

Debris was later located in the water by search aircraft and is currently being examined.

Higgins is on the same vessel that was the subject of the extensive search earlier this month.

Upon the conclusion of the first rescue effort, Higgins was fined $1,000 for having insufficient safety equipment and no license.

Police initially responded to witness reports that placed Higgins’ vessel off the coast of Granite Island at around 3pm on Monday.

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Speaking to reporters yesterday morning, South Australia Police Commissioner Grant Stevens said that the first search and rescue operation had cost the state around $650,000.

“There is an element of frustration that the state’s resources are being dedicated to this for the second time,” Commissioner Stevens said.

“It is somewhat disappointing that we are doing this again.”

Anybody who spotted the man or his vessel after 3pm yesterday is being urged to contact the Police Assistance Line on 131 444.

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