RedactedNarrative: According to a news media and Coast Guard MISLE report, a vessel carrying two people onboard caught fire offshore and took on water through the exhaust.   The operator reported difficulty seeing through the smoke so he activated the EPIRB and boarded a life raft.  Once rescued, and a pump was given, which helped dewater the boat.  It was towed back to shore.  It suffered $50k in damage.