Embarrassment as 60m yacht sinks at launch in Thailand
by The Triton on 18 Dec 2010

Ruea Yachts’ first 60m conversion sinks on launching thaiphotoblogs
A $30 million megayacht sank upon its launch on 10 December at a yard in Thailand, according to press reports.
The 60m vessel was originally a 58m hydrographic research vessel. Everything but the interior was done by Thai companies and managed by Yacht Solutions of Bangkok, under the brand name Ruea Yachts, according to the Yacht Solutions Web site. It was due to launch in July.
A crew member familiar with the build who asked not to be identified said the yacht had 'a very low freeboard working deck over maybe half the boat.' The yacht as launched was five decks.
Witnesses told the Bangkok Post that as soon as the yacht was launched, it tipped sideways and water gushed into its interior. Workers tried to adjust the cables still attached for the launch but could not keep the yacht afloat. It sank in shallow water, listing to port with the bow and top decks above water.
http://thetriton.com/article/2010/12/60m-yacht-sinks-launch-thailand
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