Three boaters were forced to abandon their trawler when it hit a submerged object at least 12 nautical miles out to sea off Jervis Bay on Wednesday morning.
The boaters contacted Marine Rescue Shoalhaven, provided their whereabouts and prepared to board the life raft.
Minutes after they jumped into the life raft and activated their EPIRB (An Emergency Position Indicating Radio Beacon), a Jervis Bay Marine Rescue vessel arrived to take them to dry land.
The boaters are safe aboard the rescue vessel, Jervis Bay 40, due to arrive at Greenwell Point at 1.30pm.
Marine Rescue NSW regional operations manager Bruce Mitchell thanked the Royal Australian Air Force for assisting in rescue efforts.
“There was an RAAF plane in the area, so we asked them to get a location on the boaters,” Mr Mitchell said.
“It was a really good team effort.”