RedactedNarrative: Vessel 1 launched from the boat lift at Anchor Pointe.  Vessel 1 then headed west bound down the canal.  Vessel 1 then turned east bound down the channel, heading toward his boat dock at full throttle.  Vessel 1 passed his dock and continued east bound down the canal toward the guest docks.  Vessel 1 then struck the port side of the bow of vessel 2 causing large cracks in the fiberglass.  Vessel 1 was stuck on the anchor of vessel 2.  Vessel 1 was able to break free from the anchor of vessel 2.  Vessel 1 then tried to dock next to vessel 2 in an open slip but accelerated and struck the break wall.  Both vessels were damaged.