RedactedNarrative: Per the operator report and USCG report;
  
  Boat left the dock from Center Point Marina slip at 7:30 am to fish salmon off of Sturgeon Bay in Lake Michigan.  At approximately 9:30 am, the owner noticed water in the cabin and checked the engine compartment, which had a foot of water in it.  
  
  The owner pulled lines and started heading back to the marina. He notified the USCG of the situation.  The USCG arrived on scene at 10:26 am and transfer the occupants to their boat.  USCG tried to de-water the boat without success.  Owner had contacted a person to help recover the boat, but the insurance company had hired T-1 Towing.  
  
  T-1 towing did not have a proper size vessel to recover the boat and did not mark the boat.  When T-1 Towing returned the next day they could not locate the boat.  Currently the location of the boat is unknown.