At about 11:00 EST, a Piper Cherokee Six ditched in the Atlantic Ocean after an engine failure. The airplane sank in 8,000 feet of water; the pilot was uninjured. The flight had originated at 10:30, from Cat Island, Bahamas, en route to Nassau, Bahamas. The flight was cruising at 4,500 feet when the pilot reported the engine oil temperature rose rapidly to the red line. Shortly thereafter the oil pressure dropped, the engine ran rough, and the pilot could not maintain altitude. He elected to ditch near a boat.