The captain and another crew member were rescued late Tuesday night after their 40-foot boat went down.
Skipper Malcolm Dow, and crew member Tom Trip were rescued from a life raft near Egg Rock around 11:30 pm.
The Coast Guard began the search after receiving a distress call from the Luke and Jodi, a scallop dragger based out of Jonesport.
Both men were okay.
The cause of the boat sinking is still unknown.