Fire is one of the most undesirable events onboard a ship. The engine room is one of the most critical spaces in the ship in terms of fire protection, as it includes machinery, hydrocarbon fuel systems, and different electrical equipment. With the phasing out of Halon 1301 as a fire suppressant over recent decades, there has been an intensive effort to explore the efficacy of water-mist spray in mitigating fires within machinery spaces. This exploration entails a comprehensive investigation through experimental and simulation studies aimed at identifying suppression mechanisms and evaluating their effectiveness. While experimental setups typically encompass measurements of gas temperature, thermal radiation heat flux, oxygen concentration, and fire extinction time, limited attention has been paid to quantifying the heat release rate (HRR), a crucial indicator of fire magnitude. Furthermore, research into shielded fire scenarios remains sparse, despite their significance in maritime fire dynamics. Addressing shielded fires with water mist proves particularly challenging due to the potential obstruction impeding the direct interaction between the fire source and the water droplets. In the existing literature, most of the computational fluid dynamics (CFD) modelling of fires and suppression was performed using a Fire Dynamics Simulator (FDS). Alternate studies were performed using FireFOAM. and very few employed FLUENT and other analogous software codes. In the majority of reported computational studies, the determination of HRR was typically relied upon for its calculation derived from the measured data of fuel mass loss rate. Moreover, certain studies were undertaken for numerical simulations without conducting thorough model validation, either by omitting validation altogether or solely validating against dry fire experiments (i.e., without water-mist suppression). This critical review of the literature has identified several notable research gaps in the context of extinguishing hydrocarbon fires utilising water-mist spray, warranting further investigations. Additionally, this review paper highlights recent advancements in both experimental and numerical investigations pertaining to the efficacy of water-mist fire-suppression systems in enclosed spaces regarding hydrocarbon fires.