RedactedNarrative: The Operator of Vessel 1 reported that he overloaded Vessel 1 and also placed all of the equipment in the stern of Vessel 1.  Shortly after leaving shore, Vessel 1 began to take water over the gunnels.  Vessel 1 then sank in approximately 30 seconds, during which time two of the other Occupants aboard Vessel 1 were able to don their lifejcakets.