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 as designed by Bernard Olesinski and produced from 2007 till 2018 in 86 hulls. The Squardron 78 Custom was an evolution of the Squadron 74 i arriving in 2007 with an extra large extended bathing platform aft, and launching the Yacht Division program involving all Fairline yachts upward of sixty foot. Other improvements onward from 2012 was the change to square larger portholes, and the option of a hard-top. A total of 115 Squadron 74 and 78 Custom in a fifteen year production run making it one of the most produced yachts in its size.
The other damaged yacht in this fire is an Ocean Alexander 64 Pilothouse as designed by Ed Monk and produced from 2001 till 2011. The Ocean Alexander 64 Pilothouse was an extended cockpit version of the smaller 58 introduced in the same year, and was replaced by the 65 Pilothouse in 2011.
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