Black Friday Sale! 50% Off All Access

Watch This 130-Foot Sinking Yacht Plummet Into the Ocean Off the Coast of Italy The video, which was released by the Italian Coast Guard, shows the 130-foot yacht sinking into the ocean with four passengers and five crew members on board.

By Emily Rella

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

Opinions expressed by Entrepreneur contributors are their own.

Twitter via Italian Coast Gaurd
Twitter via Italian Coast Guard

Talk about a Saga indeed!

In disastrous footage caught on camera, a super yacht named My Saga began to sink in the Mediterranean Sea off the coast of Calabria in Italy.

The video, which was released by the Italian Coast Guard, shows the 130-foot yacht quickly plummeting into the water with four passengers and five crew members on board.

The boat was making its way from Gallipoli to Sicily over the weekend when the vessel started to take on water, roughly nine miles outside the port of Catanzaro.

Four passengers and one crew member were rescued by a Romanian patrol boat before being transferred to the Italian Coast Guard ship and brought back to the port at Catanzaro, according to reports.

A tugboat was then dispatched to rescue the remaining crew members before the boat was towed. But rough waters and bad weather — coupled with the peculiar and complicated positioning of the breached boat — made towing nearly impossible.

The remaining crew members were also brought back to Catanzaro. All were retrieved safely and uninjured.

The Coast Guard is currently investigating the exact cause of the sinkage.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Father Time Always Wins': Warren Buffett, 94, Just Announced Major Changes to His Plan to Give Away His Money

Warren Buffett continued his Thanksgiving tradition with a $1.1 billion donation of Berkshire Hathaway stock to four of his family's foundations.

Business News

This Is What Black Friday and Holiday Shoppers Are Really Looking for This Season, According to New Research

Shopify's annual holiday survey revealed some surprising news about retail spending this holiday season.

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

Growing a Business

They Went From Selling Hangers as Kids to Starting a Retail Brand Worth $100 Million – Here's What the Property Brothers Learned About Entrepreneurship

The kings of HGTV, Property Brothers Drew and Jonathan Scott, share their insights as lifelong entrepreneurs.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.