Skip to main content
  1. News
  2. Top News

$10 million yacht sinks at launch: Capsizes with 6 people on board (video)

See also

A launch of a $10 million yacht is an exciting thing for the owners, but not if it slowly tilts to one side and goes down, down, and down until it is now a $10 million yacht laying on its side in the water! The yacht named Badene was being launched in Washington State when it suddenly capsized in still waters and the video of the failed launch has gone viral today.

According to MSN Money News on June 5, this disastrous boat launch appears to point to the launching apparatus as the culprit in this very big water-logged loss. A sudden list to port during the lowering of the boat into the water was too much for the boat to right itself. Instead of bobbing upright as expected, it continued going down on its side, much to the dismay of everyone watching, especially the new owners.

The investigation of this failed launch came up with evidence that the dolly carrying the weight of the boat on its port stern may have dropped off the boat ramp. This is seen with evidence found on the boat ramp and in an area adjacent to the boat ramp. The New World Yacht Builders constructed this yacht under the brand of Northern Marine, reports NBC News.

The video that someone took of the launch has made it to YouTube and has been seen on many of the morning news shows in the last two days, including "Fox and Friends." As you can see in the video above, the festivities were in full swing and a bottle of the bubbly is smashed against the hull of the ship before it is launched. It went downhill from there.

Six people were on board waiting to take the maiden voyage, but the were quickly ejected off the tumbling yacht. Everyone escaped serious injury in this failed launch. The New World Yacht has since suspended production and laid off its entire staff of 52 since this mishap.



  •  Day 17
    Israel continues their ravaging bombardment on Gaza as the conflict wages on
  • MH17 victims arrive home
    40 bodies of the MH17 plane crash return to a somber homecoming in Holland
    Top News
  • Military advisers to Ukraine
    President Obama announces the deployment of military advisers to Ukraine
  • Bubonic plague in China
    A bubonic plague outbreak in Yumen prompts China to quarantine the city
    World News
  • Air Algierie disappearance
    A flight headed from Burkina Faso to Algeria disappears from radar over Mali
  • Windows Phone training portal
    Microsoft launches Windows Phone training portal in attempt to woo consumers

Related Videos:

  • 232 teeth removed from teen's mouth in rare tumor condition
    <div class="video-info" data-id="518338813" data-param-name="playList" data-provider="5min" data-url=""></div>
  • Thousands support Bunch O Balloons, device that fills 100 water balloons at once
    <iframe width="560" height="315" src="//;allowfullscreen=true&amp;autoplay=1"></iframe>
  • Artificial Intelligence and the impact on future employment
    <div class="video-info" data-id="518318121" data-param-name="playList" data-provider="5min" data-url=""></div>