RedactedNarrative: Vessel #2 was fishing drifting in neutral.  Vessel #1 was moving from 1 location to another.  He accelerated his vessel to a speed of 8-10 knots with his bow raised in the air.  This action restricted their view.  He did not see vessel #2 and struck the port beam.  Operator of vessel #2 jumped into the water before the collision.  Vessel #1 bow ran over the port gunnel and up then over the center console and top cover.  No injures.  Vessel #2 total loss.  Chatham harbor master cited operator of vessel #1 for negligent operation of a vessel.