RedactedNarrative: Operator #1 stated to the effect:  I was traveling south in the canal near Bayhead.  The starboard engine alarm went off, so I shut it down.  I traveled another 50 yards and the second engine sounded, at which point I noticed water in the stern.  I next asked for a tow to the side of the canal.  As I was being towed I contacted Sea Tow.  We were able to get off of the boat safely and then the boat sank.   
  
  Investigation at the scene revealed:  Vessel #1 was traveling south bound in the Point Pleasant Canal in the area of the Anchor Court Lagoon.  Vessel #1 engines alarms began to sound off and were subsequently shut down.  Operator #1 asked another vessel operator in the area to give him a tow to the baulk head on the west side of the canal.  As Operator #1 began to get closer to the baulk head he secured a line to the cleat on the vessel and then threw the line to a Point Pleasant Boro Police Officer who was on land.  The vessel was pulled closer to land and all three occupants were able to get off safely.  Once off of the vessel, it began to sink and settled on the bottom of the sea bed.  Vessel #1 was removed from the scene by Sea Tow.  No reported injuries at the time of the incident.   
  
  August 1, 2016
  On this date, I continued the documentation of this vessel accident by contacting operator #1 via telephone.  I was advised that the mechanical failure was due to the starboard side exhausts seal becoming disconnected.  As a result water poured into the vessel.  The bilge pump was unable to pump the water out fast enough, subsequently causing the vessel to sink.  
  
  Boarding Report #07-156B
  