A $2.5 million luxury tourist yacht was being launched on the Yellow River in China’s Gansu Province when, suddenly, it began to sink at the stern.

The failed maiden voyage was caught on camera and the embarrassing footage aired on Willie Geist’s show ‘Zeitgeist.’

According to officials, the builders of the vessel made several miscalculations that resulted in the botched launch. No kidding. This video leaves us with (ahem) a sinking feeling.