Honolulu firefighters got the call of a boat in distress around 6:24 p.m., around the same time several viewers reported to KHON2 of a boat fire in the same location.
The ages of those saved ranged from mid 20s to 30s. All passengers were reported to be uninjured.
Firefighters say the boaters anchored the burning vessel, which is considered a total loss, before leaving it and radioed a call for help from the rescue boat.
The scorched boat is located out the first channel marker outside Maunalua Bay, several hundred yards offshore.
The Coast Guard also responded to the scene.
HFD says the owner of the boat is now responsible for the salvage of the burned wreckage.