I think they did a very nice job. Scared, but they did what needed to be done and everyone survived, no report of injuries. It apparently all happened so fast that they couldn't grab their Iridium sat phone. Happens.

She was a pretty yacht: http://www.classafloat.com/THEJOURNEY/SVConcordia/OurCampusbySea/tabid/65/Default.aspx

Sue