Investigation revealed:  This accident was reported several days after it occured. 

Vessel #1 was in the area of double creek at the Barnegat Municipal Ramp.  operator #1 was operating his vessel, preparing for a race to be held on 06/17/2012.While operating vessel #1 the operator #1 experienced mechanical failure causing him to lose control of the vessel. 

The vessel then struck the composite bulkhead with the bow. This caused two composite sections of the bulkhead to shatter.
Barnegat                      