On August 16, 1995, about 0720 Atlantic standard time, N5078C, a Beech BE-65 registered to and operated by Caribbean Food and Produce ditched in the Caribbean Sea while on a 14 CFR Part 91 cargo flight. Visual meteorological conditions prevailed at the time and a VFR flight plan was filed. The airplane was not recovered and is presumed to be destroyed. The pilot, the sole occupant, was located and rescued with minor injuries. The flight originated from St. Croix, Virgin Islands, about 45 minutes earlier. The pilot was hauling company supplies and was en route to Canefield Airport, Dominica. He reported the No. 2 engine was running rough. The engine then failed and the pilot was not able to feather the propeller. He ditched the airplane about 75 miles southeast of St. Croix. After exiting the airplane he inflated a raft, and was located by rescue personnel about 4 hours later.