The 40-metre yacht sinking off the Italian coast

[paradox]

A yacht worth 100's of millions of dollars sunk and is forever lost:
Watch: Yacht sinks off Italy's Calabrian coast after crew and passengers rescued | Euronews

Poor is the one whose yacht this was.

 

[ChristineM]

Poor is the one whose yacht this was.

Insured no doubt

 

[Daemon Sophic]

A yacht worth 100's of millions of dollars sunk and is forever lost:
Watch: Yacht sinks off Italy's Calabrian coast after crew and passengers rescued | Euronews

Poor is the one whose yacht this was.

Yeah. I’m not going to lose sleep feeling bad for them.

 

[paradox]

Insured no doubt

I highly doubt he\she will get more than 40-50% refund, the loss still counts in 100's of millions.

Yeah. I’m not going to lose sleep feeling bad for them.

lol no, I bet he will buy even bigger yacht.

 

[ChristineM]

I highly doubt he\she will get more than 40-50% refund, the loss still counts in 100's of millions.

Depends on the insurance policy. If the owner recently upgraded it to a full refund policy i would be getting suspicious

 

[Revoltingest]

Boat fires bad for environment.

 

[Brickjectivity]

A yacht worth 100's of millions of dollars sunk and is forever lost:

The fact that it sank speaks to the inherent problem of boats. They sink. If you haven't heard this before we often call boats 'Holes in the water' into which money is thrown. It is what they are. They are ways to get rid of money.

Also economists have a term based on this: 'Sunk cost'. Its an official term used in textbooks.

 

[Stevicus]

A yacht worth 100's of millions of dollars sunk and is forever lost:
Watch: Yacht sinks off Italy's Calabrian coast after crew and passengers rescued | Euronews

Poor is the one whose yacht this was.

Well, at least the people were rescued. Human lives were saved, property lost.

Considering the number of deaths from many other ship sinkings over the centuries, I'd say they're still ahead of the game.

 

[paradox]

Well, at least the people were rescued. Human lives were saved, property lost.

I'm wondering, Is it true if people simply jump off the boat then the sinking boat would pull them down into the sea?
I don't how is this force called.

 

[HonestJoe]

I'm wondering, Is it true if people simply jump off the boat then the sinking boat would pull them down into the sea?
I don't how is this force called.

Actual stated examples (such as from the Titanic) are generally considered fictional. It's technically possible that aeration of the water from air pockets escaping the sinking hull could make the water immediately above less dense and shifting currents could be created in the water as the ship sinks, and that could make it even more difficult for a person in the water stay afloat. It's generally not going to be very high on the list of risks in that kind of situation though.

 

[Brickjectivity]

I'm wondering, Is it true if people simply jump off the boat then the sinking boat would pull them down into the sea?
I don't how is this force called.

It depends upon how fast the boat sinks and how large it is. There will be water flowing in behind it, and if your body is part of that water then you could be pulled and pushed down, even crushed by the weight of water above you. If the boat sinks slowly enough, then swim away avoiding the undertow. I believe most ships take long enough to sink that this is not going to be an issue. It could happen.

There is evidence and witness testimony that this does not always happen. It only can happen potentially.
Sinking Titanic Myth | Mythbusters Wiki | Fandom.

Notice in that article that the chief baker of the Titanic hangs on to the stern of the Titanic instead of jumping off. Then he swims away.

 

[PureX]

A yacht worth 100's of millions of dollars sunk and is forever lost:
Watch: Yacht sinks off Italy's Calabrian coast after crew and passengers rescued | Euronews

Poor is the one whose yacht this was.

Or perhaps rich from the insurance. The weather didn't look that bad to me. Given the global economy, these things have become quite a cost liability for some of their owners, and are not easy to sell off.