I don't understand how they could not save a beautiful boat like that. I don't think it would be crazy to attach float bags to the entire vessel and float it up off the reef and back to dry dock.

They brought up the largest submarine ever made (the Kirsk) after being deep underwater for over a year.

We floated a school bus (stripped of course) with only 2 huge float bags and 4 smaller ones to set it into a quarry. We did it again this year with a nice size plane (not a little cessna either). It just seems too easy to save, but way too easy to give up.