Overview
- The fire occurred between 3 and 4 am, approximately 6-7 nautical miles off the Akshi coast in Alibaug, Maharashtra.
 - All 18 crew members onboard were safely rescued by the Indian Coast Guard and Navy, with no injuries or fatalities reported.
 - The vessel, owned by three brothers from Sakarakshi village, was completely gutted, resulting in significant financial losses estimated at Rs 1.90 crore.
 - Preliminary investigations suggest the fire may have originated in the engine room, though the exact cause remains undetermined.
 - Efforts to stabilize the charred vessel included firefighting, pumping out water, and towing it to the nearest harbor for further inspection.