Chinese ship builders, who launched a $2.6 million yacht, only to watch it sink like a block of concrete when it entered the water. During its unveiling ceremony, the SS Jiugang was launched to sea amid much fanfare. But, in a strange turn of events, the vessel immediately sank as it entered the water, becoming hopelessly submerged in the Yellow River. Officials have pulled the boat out of the water and brought it in for repair. No official word on the cause of the sinking. We're thinking someone must have left the screen door open.