Watch moment 140ft superyacht My Saga sinks off coast of Italy as nine people rescued from vessel battered by storm

THIS is the dramatic moment the 140ft superyacht My Saga can be seen sinking 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 Marina. guardiacostieraThe superyacht fully sank after it was battered by a storm[/caption] guardiacostieraNine people onboard were rescued by the Italian Coast Guard[/caption] Dramatic footage shows the ship 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 to Milazzo under a Cayman Islands flag. Four passengers and five crew were all rescued before it sunk. READ MORE ON WORLD NEWS CLIFF PLUNGE At least 15 dead including child as truck topples off 650ft CLIFF in Peru PARTY PM Finnish ‘party’ PM reveals drugs test result after viral twerking & grinding vids 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. Even though a tugboat arrived at the scene to help, 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 that could reach speeds of 12.5 knots could accommodate up to 12 guests in six staterooms, and eight crew members. Most read in The Sun VILLA SHOCK Laura Whitmore QUITS Love Island after three series and reveals surprise reason DOG'S LIFE I’m a dog trainer and here are the eight best breeds if you have kids 'I LOST IT' Luca breaks silence on ‘controlling behaviour’ and going 'too far' with Tasha ISLE DEBUT Andrew & Tasha mocked by This Morning viewers as they make presenting debut TRACK HORROR Woman dies after Range Rover plunges onto tracks as shocking vid shows crash natural beauty Lisa Armstrong shows off hair transformation before Strictly return