Watch moment 140ft superyacht sinks after being battered by storm

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THIS is the dramatic moment the 140ft superyacht My Saga sinks off the coast of Italy after it was battered by a storm.

Nine people were rescued from the submerging vessel on Saturday as it sunk in the Gulf of Squillace, off the coast of Catanzaro.

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The superyacht fully sank after it was battered by a stormCredit: guardiacostiera

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The tugboat was not able to save the ship due to bad weather conditionsCredit: guardiacostiera

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Nine people onboard were rescued by the Italian Coast GuardCredit: guardiacostiera

Dramatic footage shows the superyacht on the water for a few moments before it completely sinks stern-first.

An investigation to determine what caused the vessel to sink has been launched.

According to the Super Yacht Times, My Saga was travelling from Gallipoli, Turkey to Milazzo in Italy under a Cayman Islands flag.

Four passengers and five crew were all rescued before it sunk.

The outlet reports that on Saturday the Port Authority of Crotone received a message from the yacht saying they were taking on water at the stern.

Two patrol vessels rushed to the location and rescued five people while the captain and the rest of the crew remained onboard.

Even though a tugboat arrived at the scene to help and rescue the remaining staff, the worsening weather conditions made it impossible to lead the vessel to safety.

The luxury superyacht was built in Italy in 2007 under the name Yuko.

The vessel, which could reach speeds of 12.5 knots, could accommodate up to 12 guests in six staterooms and eight crew members.

The ship was designed by Tim Heywood while the interior was designed by Jean-Marc Achy.

Back in June, a £6million luxury yacht sank after it was rammed by a runaway tugboat in a Spanish harbour.

The huge supply vessel was filmed crashing into a replica 1910 schooner, which was docked in the Marina Port Tarraco of Tarragona.

And a 85ft boat was seen sinking in Torquay Harbour after it was engulfed in flames.

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My Saga was travelling from Gallipoli, Turkey to Milazzo in Italy under a Cayman Islands flagCredit: MERIJN DE WAARD/SUPERYACHTPHOTO.COM

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The superyacht completely sank off the coast of CatanzaroCredit: guardiacostiera

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