RedactedNarrative: ON MAY 31ST, 2021 OPERATOR WAS OPERATING A FIFTY-FOOT VESSEL WITH OWNER ON BOARD.  WHILE TRAVELING NORTH UP THE ALLIGATOR RIVER CANAL PORTION OF THE ICW, THE VESSEL DRIFTED OUTSIDE THE NARROW OPERATING AREA OF THE CANAL AND STRUCK A SUBMERGED OBJECT AND ENDED FORWARD MOVEMENT IN A GROUNDED POSITION. THE VESSEL WAS TOWED BACK BY TOW BOAT TO RIVER FOREST SHIPYARD IN BELHAVEN N.C. AND HAULED OUT FOR INSPECTION. BOTH DRIVE SHAFTS AND PROPS SUSTAINED DAMAGE WITH AN ESTIMATED COST OF REPAIR EXCEEDING $10,000. ALL COMMUNICATIONS REGARDING THE INCIDENT WERE CONDUCTED THROUGH EMAIL. PHONE CALLS FOR ADDITIONAL INFORMATION WERE NOT RETURNED AND OWNER/OPERATOR REPORT WAS NOT COMPLETELY FILLED OUT.