"A skipper rescued by a cruise ship when his prize yacht, which was also his home, hit a reef between Australia and Noumea says disaster struck within seconds.
Mark Iaconetti, 41, an American, and Rob Cole, 41, the New Zealand co-owner of the $300,000, 14m, cutter-rigged sloop Sambaluka, had no warning the reef was in their path as they sailed in idyllic conditions early on Thursday morning.
He said without warning the depth sounder showed they were rapidly running out of water."
by NZPA
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Uncharted reef sinks dream home
By: shannond | November 22nd, 2008 at 11:13am
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