Princess Yacht Ends Aground in Elmwood Australia

A fifteen meter Princess sport yacht with one person onboard ended aground near Beach road, Elmwood, Victoria, Australia on the morning of Tuesday second April.  It is not understood if the person ended aground for an error of navigation or to save the yacht because she was taking on water.  Australia's Channel 7 broke the news saying the person onboard secured the yacht before parting ways.  Unconfirmed news said the Princess yacht was removed from the area after three days.  The Princess yacht in this sinking was reported sold just about a month ago.

The Princess yacht in this grounding is a V50 as designed by Bernard Olesinski and produced from 1998 to 2005.  The Princess V50 was presented as a filling model between the V40 and V55, and was replaced by the V48 in 2006.