A boat loading goods at the commercial harbour in Malé sank on Saturday (August 30), reports local media.
According to the Maldives Ports Limited (MPL), the accident occurred around 1:30am after it was loaded with wood and timber.
The boat reportedly became heavier than the floating point of a vessel of its size. No one was harmed in the incident.
The submerged vessel has since been pulled out with assistance from the Maldives National Defence Force (MNDF).