WATCH: Iconic Perini Navi yacht runs aground in Italy

The iconic Perini Navi’s 24.2m sailing yacht, Malizia, has run aground on the island of Stromboli, Italy.

According to reports, the yacht was on charter at the time of the incident, with five guests and three crew members on board. No injuries have been reported.

The video below shows the yacht on the rocks, half submerged in water.

The cause of the incident has yet to be identified. Il Riformista reports that the captain may have run the yacht aground in an attempt to save the boat from sinking entirely.

The yacht was built in 1989 for Prince Rainier III of Monaco. It can accommodate six guests in three cabins and three crew members.

Image and video courtesy of Liguria Nautica.

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