A 23 meter Fairline Yacht titled m/y Pegasus went ablaze at around 0300 hours of Friday morning fifteenth July in Gig Harbor, Peninsula, Washington. Gig Harbor fire fighters were called at Harborview Drive to find the yacht well engulfed in flames, with the fast assistance from the water of West Pierce Fire and Rescue boat Endeavor able to contain the fire only to two boats, with a second neighbouring yacht to the starboard side also receiving burn damage. The Fairline yacht in the fire eventually sank, with the news being that no injuries where reported with both yachts being unattended at the time of the fire.
*Update June 2023*
The accident report issued by the National Transportation Safety Board found that the Fairline yacht m/y Pegasus burned down due to oily rags containing raw linseed oil stowed in an aft compartment being the cause of the fire.
The Fairline in this fire is a 2012 Squadron 78 Custom. Designed by Bernard Olesinski and launched as Squadron 74 in 2003, after 29 units in 2007 it became the Squadron 78 Custom with an extra large extended bathing platform aft, and launching the Yacht Division program involving all Fairline yachts upward of sixty feet. Other improvements onward from 2012 was the change to square larger portholes, and the option of a hard-top. The Squadron 78 offers a four cabin interior with two crew cabins, and was powered from Man or Cat 1650hp engines. Produced till 2018 for fifteen years a total of 115 Squadron 74/78 have been build making it one of the most produced yachts in its size.
The other damaged yacht in this fire is an Ocean Alexander 64 Pilothouse. Designed by Ed Monk the 64 Pilothouse was introduced in 2001 with the 58, as an extended cockpit version of the smaller model and produced till 2011, replaced by the 65 Pilothouse in that year.
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