An unusual approach to saving a boat...
In short, this cruiser had just finished a major service and was under test when a steering failure occurred at speed. It ended up on the breakwater, well clear of the then water level.
While the boat could have been lifted off with a big enough crane, rising winds and seas forecast for that night (before the crane could arrive) made them decide to drag the boat off and sink it for future salvage. They (the insurer) claim that it was the environmentally friendly thing to do ie no shattered fibreglass and diesel floating around.
full article here: