RedactedNarrative: CG received a report of a vessel on fire that sank in 22 feet of water.  Light debris and diesel sheen were visible.  THe vessel was towed by the Coast Guard.  The owner states that the engines had been replaced recently and only had 4 hours running time on them.  The captain apparenlty heard a "pop" followed by smoke.
NameOfBodyOfWater: Atlantic Ocean