The St Kilda coast guard has rescued a sailing crew from their sinking yacht in Port Phillip Bay this morning.
The yacht is believed to have been in a collision during a Royal Melbourne YS race, causing it to become partially submerged.
All 5 of the crew members are reported to be safe.
Here is a tweet of the sunken yacht from the coast guard.
— CoastGuard Melbourne (@CGMelb) May 4, 2014
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