The New York Times reports that the sunken yacht was on its way to a salvage yard when it hit the water off the shores of Staten Island, New York, in July, injuring five crew members.
The Times reports the yacht is believed to have sunk because of a collision with a boat on the water.
The yacht was reportedly owned by a private company.
A spokesperson for the Staten Island Police Department says the investigation is ongoing and no charges have been filed yet.
Why is the Greek Vessel Sinking?
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