RedactedNarrative: 49’ Rybovich “Miss Budweiser” (DO285082) caught on fire, starting in the engine room. 3 subjects onboard. No injuries. Atlantic Ocean, approximately 1 mile south of 7 mile bridge. 
  
  Occupant stated he was operating the vessel at the helm and observed the starboard engine RPMs decrease. Occupant then pulled back on both engine throttles. At that time, Subject1 was in the vessel salon, felt the vessel slow down and proceeded out towards the cockpit. Once outside, he observed smoke coming out of the engine room. Subject1 then alerted Occupant and subject2 of the smoke. subject2 was in the rest room (head), came out and observed smoke coming out of the engine room. A short time later, there were flames coming out of the engine room. At that time, the subjects began to retrieve safety equipment and Occupant called “May Day” on VHF Channel 16.
  
  	At that time, subjects onboard the 25’ Parker observed the smoke and quickly approached the “Miss Budweiser” for assistance. Subject4 then boarded “Miss Budweiser” to attempt to put out the fire with a fire extinguisher. Once realizing the fire was too large to contain, all subjects got onto the 25’ Parker.
  
  	While on scene, we observed “Miss Budweiser” on fire. The vessel then began to sink and submerged at latitude/longitude N24 40.924, W081 07.210. The submerged vessel was marked with an anchored “Danger - Submerged Object” buoy.
  