Luxury yacht sinks after catching fire in California

A luxury yacht docked at Marina del Rey in California burned for more than two hours before eventually sinking. It is unclear how the fire started, though it is believed it was caused by fireworks and ammunition stored on board.

According to the yacht owner, there were approximately 1,000 rounds of ammunition on the boat.

The yacht, named The Admiral, is said to be valued at $985,000.

First responders set up a boom area to capture any contaminants, including diesel fuel.

7 hours ago