Epic Launch Fail: $2.7 Million Luxury Boat from China Sinks as it Touches the Water…

Carscoop has as much to do about boats as these people have about building and/or launching them, nevertheless, a fail is a fail and we couldn't help ourselves from sharing this transportation-related epic flop that was caught on camera.

Named "SS Jiugang", the luxury vessel is a 17 million RMB (US$2.7 million) project financed by China's Jiugang Group and built by the Lanzhou Ministry of Transportation.

As with any maiden voyage, government and company officials organized a special event to roll out the boat into the Yellow River, complete with champagne bottles, fireworks and…plenty of cameras. You can only imagine what happened when the boat begun to sink as it touched the water…

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