V1 WAS LAUNCHED AND TAKEN OUT FOR A TEST RUN TO VERIFY THE VESSEL PROBLEMS. THE TEST RUN WAS ONLY A SHORT DISTANCE AND THEY RETURNED TO THE DOCK AND TIED IT OFF FOR THE NIGHT. THE OWNER OF THE VESSEL RECIEVED A CALL AT 12:41 AM FROM THE FIRE DEPARTMENT SAYING THAT HIS VESSEL WAS ON FIRE. DUE TO EXTENSIVE FIRE DAMAGE, IT IS UNKNOWN HOW THE FIRE STARTED.
PALM COAST                    