Three fishermen have been rescued off Dunwich in Suffolk after their boat sprung a leak this morning and sunk within three minutes.
Thames Coastguard says lifeboats attended from Aldeburgh and Southwold and found the men on a life raft which had been launched from the stricken vessel.
Its thought the 10 metre long Southern Star, a registered fishing boat, which had set out from Lowestoft had developed a mechanical problem at 10am which allowed it to take on water.
Another vessel the 'Mistress Three' picked up the three men and transferred them to the Southwold Lifeboat, they were then taken to shore. No injuries have been reported.
A new type of lifeboat is due to visit Wells Lifeboat Station in Norfolk.
The RNLI Shannon class vessel is designed to replace the current Mersey class boat currently stationed at Wells.
The Shannon is undergoing nationwide sea trials.
The RNLI lifeboat at Wells-next-the-sea in Norfolk raised nearly £27,000 in a year from fund-raising activities. Money was also raised from legacies which will be used to buy a new Shannon Class lifeboat which comes into service next year.